Kunming Yunnei Power Co.,Ltd. Posted 50.3 Million Yuan Net Loss in First Quarter of 2023

Kunming Yunnei Power Co.,Ltd. (昆明云内动力股份有限公司) (000903.SZ) reported a net loss of 50.3 million yuan in the first quarter of 2023, narrowing 46.7% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 13.8 billion yuan in total assets and 9.4 billion yuan in total liabilities, with a liability-to-asset ratio of 68.4%.