Jinhong Holding Group Co.,Ltd. Posted 21.9 Million Yuan Net Loss in First Quarter of 2023

Jinhong Holding Group Co.,Ltd. (金鸿控股集团股份有限公司) (000669.SZ) reported a net loss of 21.9 million yuan in the first quarter of 2023, widening 514.4% year-on-year.

Meanwhile, the company posted 343.8 million yuan in revenue, down 17.4% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 79.7%.