Cpt Technology(Group) Co.,Ltd. Posted 356.5 Million Yuan Net Loss in First Quarter of 2023

Cpt Technology(Group) Co.,Ltd. (华映科技(集团)股份有限公司) (000536.SZ) reported a net loss of 356.5 million yuan in the first quarter of 2023, widening 159.4% year-on-year.

Meanwhile, the company posted 245.1 million yuan in revenue, down 65.9% year-on-year.

At the end of the reporting period, it had 8.7 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 57.5%.