Nanhua Instruments Co.,Ltd. Posted 3.2 Million Yuan Net Loss in First Quarter of 2023

Nanhua Instruments Co.,Ltd. (佛山市南华仪器股份有限公司) (300417.SZ) reported a net loss of 3.2 million yuan in the first quarter of 2023, widening 16.5% year-on-year.

Meanwhile, the company posted 23.1 million yuan in revenue, up 10.7% year-on-year.

At the end of the reporting period, it had 488.4 million yuan in total assets and 29.2 million yuan in total liabilities, with a liability-to-asset ratio of 6%.