Tecon Biology Co.,Ltd. Posted 17.1 Million Yuan Net Loss in First Quarter of 2023

Tecon Biology Co.,Ltd. (天康生物股份有限公司) (002100.SZ) reported a net loss of 17.1 million yuan in the first quarter of 2023, narrowing 84.2% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, up 14.7% year-on-year.

At the end of the reporting period, it had 20.4 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 52.1%.