Zhejiang Furun Digital Technology Co.,Ltd. Posted 44.3 Million Yuan Net Loss in First Quarter of 2023

Zhejiang Furun Digital Technology Co.,Ltd. (浙江富润数字科技股份有限公司) (600070.SH) reported a net loss of 44.3 million yuan in the first quarter of 2023, narrowing 60.7% year-on-year.

Meanwhile, the company posted 39 million yuan in revenue, down 1% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 519.5 million yuan in total liabilities, with a liability-to-asset ratio of 30.7%.