Shenzhen Fastprint Circuit Tech Co.,Ltd. Posted 2.4 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Fastprint Circuit Tech Co.,Ltd. (深圳市兴森快捷电路科技股份有限公司) (002436.SZ) reported a net loss of 2.4 million yuan in the first quarter of 2023, reversing a net profit of 195.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 1.6% year-on-year.

At the end of the reporting period, it had 12.1 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 41.5%.