Gosun Holding Co.,Ltd. Posted 71.4 Million Yuan Net Loss in First Quarter of 2023

Gosun Holding Co.,Ltd. (高升控股股份有限公司) (000971.SZ) reported a net loss of 71.4 million yuan in the first quarter of 2023, widening 38.2% year-on-year.

Meanwhile, the company posted 111.9 million yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 86.7%.