Shenzhen Quanxinhao Co.,Ltd. Posted 638,236 Yuan Net Loss in First Quarter of 2023

Shenzhen Quanxinhao Co.,Ltd. (深圳市全新好股份有限公司) (000007.SZ) reported a net loss of 638,236 yuan in the first quarter of 2023, narrowing 85.6% year-on-year.

Meanwhile, the company posted 49.5 million yuan in revenue, down 10.2% year-on-year.

At the end of the reporting period, it had 353.9 million yuan in total assets and 252.3 million yuan in total liabilities, with a liability-to-asset ratio of 71.3%.