Hunan Kaimeite Gases Co.,Ltd. Posted 9 Million Yuan Net Loss in First Quarter of 2023

Hunan Kaimeite Gases Co.,Ltd. (湖南凯美特气体股份有限公司) (002549.SZ) reported a net loss of 9 million yuan in the first quarter of 2023, reversing a net profit of 57.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 139.4 million yuan in revenue, down 30.8% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.