Apr 22, 2022 08:00 AM

Primeton Information Technologies,Inc. Posted 20.6 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Primeton Information Technologies,Inc. (普元信息技术股份有限公司) (688118.SH) reported a net loss of 20.6 million yuan in the first quarter of 2022, widening 107.1% year-on-year.

Meanwhile, the company posted 49.4 million yuan in revenue, up 26.5% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 124.4 million yuan in total liabilities, with a liability-to-asset ratio of 12.2%.

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