Shenzhen Sunline Tech Co.,Ltd. Posted 6.9 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Sunline Tech Co.,Ltd. (深圳市长亮科技股份有限公司) (300348.SZ) reported a net loss of 6.9 million yuan in the first quarter of 2022, reversing a net profit of 12.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 276.4 million yuan in revenue, up 62.6% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 872 million yuan in total liabilities, with a liability-to-asset ratio of 36.9%.