Intco Medical Technology Co.,Ltd. Posted 146.8 Million Yuan Net Loss in First Quarter of 2023

Intco Medical Technology Co.,Ltd. (英科医疗科技股份有限公司) (300677.SZ) reported a net loss of 146.8 million yuan in the first quarter of 2023, reversing a net profit of 79.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 31.2% year-on-year.

At the end of the reporting period, it had 22.4 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 29.1%.