Hunan Copote Science&Technology Co.,Ltd. Posted 2.4 Million Yuan Net Loss in First Quarter of 2023

Hunan Copote Science&Technology Co.,Ltd. (湖南湘邮科技股份有限公司) (600476.SH) reported a net loss of 2.4 million yuan in the first quarter of 2023, narrowing 83.2% year-on-year.

Meanwhile, the company posted 97.3 million yuan in revenue, up 30.9% year-on-year.

At the end of the reporting period, it had 633 million yuan in total assets and 509.3 million yuan in total liabilities, with a liability-to-asset ratio of 80.5%.