Tianjin Hi-Tech Development Co.,Ltd. Posted 2.6 Million Yuan Net Loss in First Quarter of 2023

Tianjin Hi-Tech Development Co.,Ltd. (天津海泰科技发展股份有限公司) (600082.SH) reported a net loss of 2.6 million yuan in the first quarter of 2023, narrowing 77.7% year-on-year.

Meanwhile, the company posted 22.2 million yuan in revenue, down 81.5% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 37.4%.