Wuhan Golden Laser Co.,Ltd. Posted 2.5 Million Yuan Net Loss in First Quarter of 2023

Wuhan Golden Laser Co.,Ltd. (武汉金运激光股份有限公司) (300220.SZ) reported a net loss of 2.5 million yuan in the first quarter of 2023, narrowing 66.6% year-on-year.

Meanwhile, the company posted 71.3 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 367.4 million yuan in total assets and 266.9 million yuan in total liabilities, with a liability-to-asset ratio of 72.7%.