Shenwu Energy Saving Co.,Ltd. Posted 7.3 Million Yuan Net Loss in First Quarter of 2023

Shenwu Energy Saving Co.,Ltd. (神雾节能股份有限公司) (000820.SZ) reported a net loss of 7.3 million yuan in the first quarter of 2023, widening 50.5% year-on-year.

Meanwhile, the company posted 20.9 million yuan in revenue, up 120% year-on-year.

At the end of the reporting period, it had 329.7 million yuan in total assets and 212.3 million yuan in total liabilities, with a liability-to-asset ratio of 64.4%.