Shenzhen Txd Technology Co.,Ltd. Posted 64.5 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Txd Technology Co.,Ltd. (深圳同兴达科技股份有限公司) (002845.SZ) reported a net loss of 64.5 million yuan in the first quarter of 2023, reversing a net profit of 67.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 26.3% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 63.6%.