Shanghai Yaohua Pilkington Glass Group Co.,Ltd. Posted 77.2 Million Yuan Net Loss in First Quarter of 2023

Shanghai Yaohua Pilkington Glass Group Co.,Ltd. (上海耀皮玻璃集团股份有限公司) (600819.SH) reported a net loss of 77.2 million yuan in the first quarter of 2023, reversing a net profit of 43.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 4.8% year-on-year.

At the end of the reporting period, it had 7.7 billion yuan in total assets and 3.1 billion yuan in total liabilities, with a liability-to-asset ratio of 40%.