Suzhou Jinfu Technology Co.,Ltd. Posted 39.5 Million Yuan Net Loss in First Quarter of 2023

Suzhou Jinfu Technology Co.,Ltd. (苏州锦富技术股份有限公司) (300128.SZ) reported a net loss of 39.5 million yuan in the first quarter of 2023, reversing a net profit of 6.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 327.1 million yuan in revenue, up 63.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 63.8%.