Jilin Yatai(Group) Co.,Ltd. Posted 465.3 Million Yuan Net Loss in First Quarter of 2023

Jilin Yatai(Group) Co.,Ltd. (吉林亚泰(集团)股份有限公司) (600881.SH) reported a net loss of 465.3 million yuan in the first quarter of 2023, narrowing 3.3% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 41.5% year-on-year.

At the end of the reporting period, it had 52.7 billion yuan in total assets and 41.3 billion yuan in total liabilities, with a liability-to-asset ratio of 78.4%.