Liaoning Sg Automotive Group Co.,Ltd. Posted 73.5 Million Yuan Net Loss in First Quarter of 2023

Liaoning Sg Automotive Group Co.,Ltd. (辽宁曙光汽车集团股份有限公司) (600303.SH) reported a net loss of 73.5 million yuan in the first quarter of 2023, widening 129.9% year-on-year.

Meanwhile, the company posted 299.4 million yuan in revenue, down 46.4% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.