Jiangsu Sihuan Bioengineering Co.,Ltd. Posted 21.1 Million Yuan Net Loss in First Quarter of 2023

Jiangsu Sihuan Bioengineering Co.,Ltd. (江苏四环生物股份有限公司) (000518.SZ) reported a net loss of 21.1 million yuan in the first quarter of 2023, narrowing 18.5% year-on-year.

Meanwhile, the company posted 57 million yuan in revenue, up 13.2% year-on-year.

At the end of the reporting period, it had 712.9 million yuan in total assets and 140.5 million yuan in total liabilities, with a liability-to-asset ratio of 19.7%.