Shanghai Trendzone Consturction Decoration Group Co.,Ltd. Posted 45 Million Yuan Net Loss in First Quarter of 2023

Shanghai Trendzone Consturction Decoration Group Co.,Ltd. (上海全筑控股集团股份有限公司) (603030.SH) reported a net loss of 45 million yuan in the first quarter of 2023, widening 253% year-on-year.

Meanwhile, the company posted 282.3 million yuan in revenue, down 43% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 5.9 billion yuan in total liabilities, with a liability-to-asset ratio of 102.3%.