Guilin Tourism Co.,Ltd. Posted 15.3 Million Yuan Net Loss in First Quarter of 2023

Guilin Tourism Co.,Ltd. (桂林旅游股份有限公司) (000978.SZ) reported a net loss of 15.3 million yuan in the first quarter of 2023, narrowing 79.6% year-on-year.

Meanwhile, the company posted 85.8 million yuan in revenue, up 286% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.