Tianjin Troila Information Technology Co.,Ltd. Posted 22 Million Yuan Net Loss in First Quarter of 2023

Tianjin Troila Information Technology Co.,Ltd. (天津卓朗信息科技股份有限公司) (600225.SH) reported a net loss of 22 million yuan in the first quarter of 2023, narrowing 77.8% year-on-year.

Meanwhile, the company posted 65.6 million yuan in revenue, up 66.5% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 65%.