Qinghai Huading Industrial Co.,Ltd. Posted 16.1 Million Yuan Net Loss in First Quarter of 2023

Qinghai Huading Industrial Co.,Ltd. (青海华鼎实业股份有限公司) (600243.SH) reported a net loss of 16.1 million yuan in the first quarter of 2023, widening 58.5% year-on-year.

Meanwhile, the company posted 63.6 million yuan in revenue, down 52.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 316.2 million yuan in total liabilities, with a liability-to-asset ratio of 26.2%.