Beijing Zeho Waterfront Ecological Environment Treatment Co.,Ltd. Posted 24.5 Million Yuan Net Loss in First Quarter of 2023

Beijing Zeho Waterfront Ecological Environment Treatment Co.,Ltd. (北京正和恒基滨水生态环境治理股份有限公司) (605069.SH) reported a net loss of 24.5 million yuan in the first quarter of 2023, narrowing 7.2% year-on-year.

Meanwhile, the company posted 88.9 million yuan in revenue, up 1.3% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 62%.