Beijing Seeyon Internet Software Corp. Posted 42.4 Million Yuan Net Loss in First Quarter of 2023

Beijing Seeyon Internet Software Corp. (北京致远互联软件股份有限公司) (688369.SH) reported a net loss of 42.4 million yuan in the first quarter of 2023, widening 49.7% year-on-year.

Meanwhile, the company posted 163.3 million yuan in revenue, up 15.2% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 385.8 million yuan in total liabilities, with a liability-to-asset ratio of 21.3%.