Xi'An Xice Testing Technology Co.,Ltd. Posted 5.2 Million Yuan Net Loss in First Quarter of 2023

Xi'An Xice Testing Technology Co.,Ltd. (西安西测测试技术股份有限公司) (301306.SZ) reported a net loss of 5.2 million yuan in the first quarter of 2023, reversing a net profit of 8 million yuan for the same period in the previous year.

Meanwhile, the company posted 49.6 million yuan in revenue, down 1.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 200.8 million yuan in total liabilities, with a liability-to-asset ratio of 13.9%.