Shanghai Tongda Venture Capital Co.,Ltd. Posted 1.7 Million Yuan Net Loss in First Quarter of 2023

Shanghai Tongda Venture Capital Co.,Ltd. (上海同达创业投资股份有限公司) (600647.SH) reported a net loss of 1.7 million yuan in the first quarter of 2023, reversing a net profit of 14.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 358,530 yuan in revenue, down 78.1% year-on-year.

At the end of the reporting period, it had 345.4 million yuan in total assets and 13.7 million yuan in total liabilities, with a liability-to-asset ratio of 4%.