Baota Industry Co.,Ltd. Posted 17.7 Million Yuan Net Loss in First Quarter of 2023

Baota Industry Co.,Ltd. (宝塔实业股份有限公司) (000595.SZ) reported a net loss of 17.7 million yuan in the first quarter of 2023, widening 33.3% year-on-year.

Meanwhile, the company posted 51.9 million yuan in revenue, up 14% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 507.9 million yuan in total liabilities, with a liability-to-asset ratio of 41.7%.