Gosuncn Technology Group Co.,Ltd. Posted 24.7 Million Yuan Net Loss in First Quarter of 2023

Gosuncn Technology Group Co.,Ltd. (高新兴科技集团股份有限公司) (300098.SZ) reported a net loss of 24.7 million yuan in the first quarter of 2023, narrowing 70.2% year-on-year.

Meanwhile, the company posted 349.4 million yuan in revenue, down 13.2% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 40%.