Wuhan Xingtu Xinke Electronics Co.,Ltd. Posted 572,222 Yuan Net Loss in First Quarter of 2023

Wuhan Xingtu Xinke Electronics Co.,Ltd. (武汉兴图新科电子股份有限公司) (688081.SH) reported a net loss of 572,222 yuan in the first quarter of 2023, narrowing 74% year-on-year.

Meanwhile, the company posted 43.1 million yuan in revenue, up 63% year-on-year.

At the end of the reporting period, it had 673.4 million yuan in total assets and 77.3 million yuan in total liabilities, with a liability-to-asset ratio of 11.5%.