Shenzhen Wongtee International Enterprise Co.,Ltd. Posted 102.4 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Wongtee International Enterprise Co.,Ltd. (深圳市皇庭国际企业股份有限公司) (000056.SZ) reported a net loss of 102.4 million yuan in the first quarter of 2023, narrowing 12.5% year-on-year.

Meanwhile, the company posted 195.6 million yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 10.2 billion yuan in total assets and 8.2 billion yuan in total liabilities, with a liability-to-asset ratio of 80.4%.