Zhongfu Information Inc. Posted 115.3 Million Yuan Net Loss in First Quarter of 2023

Zhongfu Information Inc. (中孚信息股份有限公司) (300659.SZ) reported a net loss of 115.3 million yuan in the first quarter of 2023, narrowing 14.3% year-on-year.

Meanwhile, the company posted 137.4 million yuan in revenue, up 83.8% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 653 million yuan in total liabilities, with a liability-to-asset ratio of 37.9%.