Vohringer Home Technology Co.,Ltd. Posted 13.9 Million Yuan Net Loss in First Quarter of 2023

Vohringer Home Technology Co.,Ltd. (菲林格尔家居科技股份有限公司) (603226.SH) reported a net loss of 13.9 million yuan in the first quarter of 2023, widening 83.4% year-on-year.

Meanwhile, the company posted 77 million yuan in revenue, down 13.5% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 306 million yuan in total liabilities, with a liability-to-asset ratio of 22.3%.