Hunan Lead Power Dazhi Technology Incorporated Company Posted 45 Million Yuan Net Loss in First Quarter of 2023

Hunan Lead Power Dazhi Technology Incorporated Company (湖南领湃达志科技股份有限公司) (300530.SZ) reported a net loss of 45 million yuan in the first quarter of 2023, narrowing 50.4% year-on-year.

Meanwhile, the company posted 35.6 million yuan in revenue, down 7.9% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 80.1%.