Cecep Environmental Protection Equipment Co.,Ltd. Posted 6.2 Million Yuan Net Loss in First Quarter of 2022

Cecep Environmental Protection Equipment Co.,Ltd. (中节能环保装备股份有限公司) (300140.SZ) reported a net loss of 6.2 million yuan in the first quarter of 2022, narrowing 84% year-on-year.

Meanwhile, the company posted 197.6 million yuan in revenue, down 10.9% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 46.7%.