Shenyang Commercial City Co.,Ltd. Posted 22.3 Million Yuan Net Loss in First Quarter of 2023

Shenyang Commercial City Co.,Ltd. (沈阳商业城股份有限公司) (600306.SH) reported a net loss of 22.3 million yuan in the first quarter of 2023, widening 53.7% year-on-year.

Meanwhile, the company posted 20.1 million yuan in revenue, down 44.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 116.7%.