Zhangzidao Group Co.,Ltd. Posted 4.9 Million Yuan Net Loss in First Quarter of 2023

Zhangzidao Group Co.,Ltd. (獐子岛集团股份有限公司) (002069.SZ) reported a net loss of 4.9 million yuan in the first quarter of 2023, narrowing 66.7% year-on-year.

Meanwhile, the company posted 378.5 million yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 95.2%.