Kairuide Holding Co.,Ltd. Posted 801,460 Yuan Net Loss in First Quarter of 2023

Kairuide Holding Co.,Ltd. (凯瑞德控股股份有限公司) (002072.SZ) reported a net loss of 801,460 yuan in the first quarter of 2023, reversing a net profit of 1.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 71.6 million yuan in revenue, down 29.5% year-on-year.

At the end of the reporting period, it had 103.1 million yuan in total assets and 52.5 million yuan in total liabilities, with a liability-to-asset ratio of 50.9%.