Sichuan Guangan Aaa Public Co.,Ltd. Posted 2.6 Million Yuan Net Loss in First Quarter of 2023

Sichuan Guangan Aaa Public Co.,Ltd. (四川广安爱众股份有限公司) (600979.SH) reported a net loss of 2.6 million yuan in the first quarter of 2023, reversing a net profit of 13.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 635.1 million yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 10.3 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 56.8%.