Wuhan Huazhong Numerical Control Co.,Ltd. Posted 47.8 Million Yuan Net Loss in First Quarter of 2023

Wuhan Huazhong Numerical Control Co.,Ltd. (武汉华中数控股份有限公司) (300161.SZ) reported a net loss of 47.8 million yuan in the first quarter of 2023, narrowing 13.5% year-on-year.

Meanwhile, the company posted 357.5 million yuan in revenue, up 44.8% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53.8%.