Zhuhai Zhongfu Enterprise Co.,Ltd. Posted 24 Million Yuan Net Loss in First Quarter of 2023

Zhuhai Zhongfu Enterprise Co.,Ltd. (珠海中富实业股份有限公司) (000659.SZ) reported a net loss of 24 million yuan in the first quarter of 2023, widening 21.6% year-on-year.

Meanwhile, the company posted 279.1 million yuan in revenue, down 11.3% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 85.8%.