Beijing Unistrong Science&Technology Co.,Ltd. Posted 18.5 Million Yuan Net Loss in First Quarter of 2023

Beijing Unistrong Science&Technology Co.,Ltd. (北京合众思壮科技股份有限公司) (002383.SZ) reported a net loss of 18.5 million yuan in the first quarter of 2023, reversing a net profit of 15.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 392.7 million yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.2%.