Anxin Trust Co.,Ltd. Posted 21.8 Million Yuan Net Loss in First Quarter of 2023

Anxin Trust Co.,Ltd. (安信信托股份有限公司) (600816.SH) reported a net loss of 21.8 million yuan in the first quarter of 2023, narrowing 95.4% year-on-year.

Meanwhile, the company posted 39.1 million yuan in revenue, up 151.9% year-on-year.

At the end of the reporting period, it had 15 billion yuan in total assets and 12.5 billion yuan in total liabilities, with a liability-to-asset ratio of 83.6%.