Henan Hengxing Science&Technology Co.,Ltd. Posted 4.6 Million Yuan Net Loss in First Quarter of 2023

Henan Hengxing Science&Technology Co.,Ltd. (河南恒星科技股份有限公司) (002132.SZ) reported a net loss of 4.6 million yuan in the first quarter of 2023, reversing a net profit of 31.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 932.8 million yuan in revenue, up 9% year-on-year.

At the end of the reporting period, it had 8.5 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 56.4%.