Western Regions Tourism Development Co.,Ltd. Posted 13.2 Million Yuan Net Loss in First Quarter of 2023

Western Regions Tourism Development Co.,Ltd. (西域旅游开发股份有限公司) (300859.SZ) reported a net loss of 13.2 million yuan in the first quarter of 2023, narrowing 25.8% year-on-year.

Meanwhile, the company posted 11.3 million yuan in revenue, up 121.5% year-on-year.

At the end of the reporting period, it had 627.7 million yuan in total assets and 27.7 million yuan in total liabilities, with a liability-to-asset ratio of 4.4%.