Jiangsu Zongyi Co.,Ltd. Posted 29.9 Million Yuan Net Loss in First Quarter of 2023

Jiangsu Zongyi Co.,Ltd. (江苏综艺股份有限公司) (600770.SH) reported a net loss of 29.9 million yuan in the first quarter of 2023, narrowing 84.2% year-on-year.

Meanwhile, the company posted 94.8 million yuan in revenue, up 2.5% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 858.9 million yuan in total liabilities, with a liability-to-asset ratio of 15.7%.