Beijing Orient Landscape&Environment Co.,Ltd. Posted 538.1 Million Yuan Net Loss in First Quarter of 2023

Beijing Orient Landscape&Environment Co.,Ltd. (北京东方园林环境股份有限公司) (002310.SZ) reported a net loss of 538.1 million yuan in the first quarter of 2023, widening 49.3% year-on-year.

Meanwhile, the company posted 508.5 million yuan in revenue, down 75.2% year-on-year.

At the end of the reporting period, it had 40.3 billion yuan in total assets and 34.8 billion yuan in total liabilities, with a liability-to-asset ratio of 86.3%.