Ylz Information Technology Co.,Ltd. Posted 51 Million Yuan Net Loss in First Quarter of 2023

Ylz Information Technology Co.,Ltd. (易联众信息技术股份有限公司) (300096.SZ) reported a net loss of 51 million yuan in the first quarter of 2023, narrowing 44.6% year-on-year.

Meanwhile, the company posted 136.3 million yuan in revenue, up 88.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 920.8 million yuan in total liabilities, with a liability-to-asset ratio of 71.8%.