Utour Group Co.,Ltd. Posted 39.9 Million Yuan Net Loss in First Quarter of 2023

Utour Group Co.,Ltd. (众信旅游集团股份有限公司) (002707.SZ) reported a net loss of 39.9 million yuan in the first quarter of 2023, narrowing 34.9% year-on-year.

Meanwhile, the company posted 137.8 million yuan in revenue, up 131.7% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 79.4%.

This article was automatically produced by Caixin Automation on May 12, 2023.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.