Xiamen 35.Com Technology Co.,Ltd. Posted 4.8 Million Yuan Net Loss in First Quarter of 2023

Xiamen 35.Com Technology Co.,Ltd. (厦门三五互联科技股份有限公司) (300051.SZ) reported a net loss of 4.8 million yuan in the first quarter of 2023, widening 151.6% year-on-year.

Meanwhile, the company posted 48 million yuan in revenue, up 12.5% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 931.4 million yuan in total liabilities, with a liability-to-asset ratio of 65%.