Linewell Software Co.,Ltd. Posted 24.3 Million Yuan Net Loss in First Quarter of 2023

Linewell Software Co.,Ltd. (南威软件股份有限公司) (603636.SH) reported a net loss of 24.3 million yuan in the first quarter of 2023, narrowing 13.4% year-on-year.

Meanwhile, the company posted 147.6 million yuan in revenue, up 17.5% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.9%.