Changchun Gas Co.,Ltd. Posted 56.5 Million Yuan Net Loss in First Quarter of 2023

Changchun Gas Co.,Ltd. (长春燃气股份有限公司) (600333.SH) reported a net loss of 56.5 million yuan in the first quarter of 2023, widening 346.9% year-on-year.

Meanwhile, the company posted 657.4 million yuan in revenue, down 1.4% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.5%.