Bringspring Science&Technology Co.,Ltd. Posted 2.5 Million Yuan Net Loss in First Quarter of 2023

Bringspring Science&Technology Co.,Ltd. (荣科科技股份有限公司) (300290.SZ) reported a net loss of 2.5 million yuan in the first quarter of 2023, narrowing 88% year-on-year.

Meanwhile, the company posted 147.9 million yuan in revenue, up 25.4% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 602.8 million yuan in total liabilities, with a liability-to-asset ratio of 41.2%.