Fanli Digital Technology Co.,Ltd. Posted 337,138 Yuan Net Loss in First Quarter of 2023

Fanli Digital Technology Co.,Ltd. (返利网数字科技股份有限公司) (600228.SH) reported a net loss of 337,138 yuan in the first quarter of 2023, narrowing 94.4% year-on-year.

Meanwhile, the company posted 78.4 million yuan in revenue, up 19.3% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 202 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.