Jiyao Holding Group Co.,Ltd. Posted 31 Million Yuan Net Loss in First Quarter of 2023

Jiyao Holding Group Co.,Ltd. (吉药控股集团股份有限公司) (300108.SZ) reported a net loss of 31 million yuan in the first quarter of 2023, narrowing 40.8% year-on-year.

Meanwhile, the company posted 71.6 million yuan in revenue, down 39.3% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 118%.