Nanjng Yueboo Power System Co.,Ltd. Posted 20.7 Million Yuan Net Loss in First Quarter of 2023

Nanjng Yueboo Power System Co.,Ltd. (南京越博动力系统股份有限公司) (300742.SZ) reported a net loss of 20.7 million yuan in the first quarter of 2023, widening 13.1% year-on-year.

Meanwhile, the company posted 69.4 million yuan in revenue, down 34.5% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 108.1%.