Guangdng Sitong Group Co.,Ltd. Posted 9 Million Yuan Net Loss in First Quarter of 2023

Guangdng Sitong Group Co.,Ltd. (广东四通集团股份有限公司) (603838.SH) reported a net loss of 9 million yuan in the first quarter of 2023, widening 401.2% year-on-year.

Meanwhile, the company posted 36.1 million yuan in revenue, down 46.8% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 60.8 million yuan in total liabilities, with a liability-to-asset ratio of 5.5%.