Shenzhen Zhongzhuang Construction Group Co.,Ltd. Posted 14.2 Million Yuan Net Loss in First Quarter of 2023

Shenzhen Zhongzhuang Construction Group Co.,Ltd. (深圳市中装建设集团股份有限公司) (002822.SZ) reported a net loss of 14.2 million yuan in the first quarter of 2023, widening 85.3% year-on-year.

Meanwhile, the company posted 681.1 million yuan in revenue, down 17.7% year-on-year.

At the end of the reporting period, it had 9.2 billion yuan in total assets and 5.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.