Minsheng Holdings Co.,Ltd. Posted 655,097 Yuan Net Loss in First Quarter of 2023

Minsheng Holdings Co.,Ltd. (民生控股股份有限公司) (000416.SZ) reported a net loss of 655,097 yuan in the first quarter of 2023, narrowing 86.2% year-on-year.

Meanwhile, the company posted 1.4 million yuan in revenue, up 64.6% year-on-year.

At the end of the reporting period, it had 901.9 million yuan in total assets and 23.7 million yuan in total liabilities, with a liability-to-asset ratio of 2.6%.