China National Software&Service Company Limited Posted 201.7 Million Yuan Net Loss in First Quarter of 2023

China National Software&Service Company Limited (中国软件与技术服务股份有限公司) (600536.SH) reported a net loss of 201.7 million yuan in the first quarter of 2023, widening 43.8% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 20.1% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.9%.