Sms Electric Co.,Ltd.Zhengzhou Posted 3 Million Yuan Net Loss in First Quarter of 2023

Sms Electric Co.,Ltd.Zhengzhou (郑州三晖电气股份有限公司) (002857.SZ) reported a net loss of 3 million yuan in the first quarter of 2023, narrowing 4.4% year-on-year.

Meanwhile, the company posted 31.7 million yuan in revenue, up 63.8% year-on-year.

At the end of the reporting period, it had 637.3 million yuan in total assets and 113 million yuan in total liabilities, with a liability-to-asset ratio of 17.7%.