Shenzhen Water Plan&Design Institute Co.,Ltd. Posted 13.4 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Water Plan&Design Institute Co.,Ltd. (深圳市水务规划设计院股份有限公司) (301038.SZ) reported a net loss of 13.4 million yuan in the first quarter of 2023, narrowing 72.5% year-on-year.

Meanwhile, the company posted 99.8 million yuan in revenue, down 2.6% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 819.7 million yuan in total liabilities, with a liability-to-asset ratio of 48.9%.