Shenzhen Huakong Seg Co.,Ltd. Posted 26.4 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Huakong Seg Co.,Ltd. (深圳华控赛格股份有限公司) (000068.SZ) reported a net loss of 26.4 million yuan in the first quarter of 2023, widening 195.5% year-on-year.

Meanwhile, the company posted 105.7 million yuan in revenue, down 58.8% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 90.2%.