China High-Speed Railway Technology Co.,Ltd. Posted 30.8 Million Yuan Net Loss in First Quarter of 2023

China High-Speed Railway Technology Co.,Ltd. (神州高铁技术股份有限公司) (000008.SZ) reported a net loss of 30.8 million yuan in the first quarter of 2023, narrowing 40.2% year-on-year.

Meanwhile, the company posted 431.3 million yuan in revenue, up 100.1% year-on-year.

At the end of the reporting period, it had 11.5 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.