Beijing Jiaxun Feihong Electrical Co.,Ltd. Posted 2.9 Million Yuan Net Loss in First Quarter of 2022

Beijing Jiaxun Feihong Electrical Co.,Ltd. (北京佳讯飞鸿电气股份有限公司) (300213.SZ) reported a net loss of 2.9 million yuan in the first quarter of 2022, narrowing 35.6% year-on-year.

Meanwhile, the company posted 169 million yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 655.7 million yuan in total liabilities, with a liability-to-asset ratio of 23.1%.