Shanghai Ya Tong Co.,Ltd. Posted 22.6 Million Yuan Net Loss in First Quarter of 2023

Shanghai Ya Tong Co.,Ltd. (上海亚通股份有限公司) (600692.SH) reported a net loss of 22.6 million yuan in the first quarter of 2023, reversing a net profit of 2.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 282.3 million yuan in revenue, up 7.5% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.