Jiangxi Changyun Co.,Ltd. Posted 48.2 Million Yuan Net Loss in First Quarter of 2023

Jiangxi Changyun Co.,Ltd. (江西长运股份有限公司) (600561.SH) reported a net loss of 48.2 million yuan in the first quarter of 2023, widening 92.1% year-on-year.

Meanwhile, the company posted 360.5 million yuan in revenue, down 11.4% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 75.1%.