Apr 23, 2022 08:00 AM

Huida Sanitary Ware Co.,Ltd. Posted 8.1 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Huida Sanitary Ware Co.,Ltd. (惠达卫浴股份有限公司) (603385.SH) reported a net loss of 8.1 million yuan in the first quarter of 2022, reversing a net profit of 42.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 679.6 million yuan in revenue, down 4.2% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 34.3%.

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