Efort Intelligent Equipment Co.,Ltd. Posted 41.5 Million Yuan Net Loss in First Quarter of 2023

Efort Intelligent Equipment Co.,Ltd. (埃夫特智能装备股份有限公司) (688165.SH) reported a net loss of 41.5 million yuan in the first quarter of 2023, widening 19.1% year-on-year.

Meanwhile, the company posted 389.9 million yuan in revenue, up 37.1% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.1%.