Hanwang Technology Co.,Ltd. Posted 38.2 Million Yuan Net Loss in First Quarter of 2023

Hanwang Technology Co.,Ltd. (汉王科技股份有限公司) (002362.SZ) reported a net loss of 38.2 million yuan in the first quarter of 2023, widening 18.5% year-on-year.

Meanwhile, the company posted 308.2 million yuan in revenue, up 7.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 375.7 million yuan in total liabilities, with a liability-to-asset ratio of 19.9%.