Shenzhen Jiang&Associates Creative Design Co.,Ltd. Posted 17.8 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Jiang&Associates Creative Design Co.,Ltd. (深圳市杰恩创意设计股份有限公司) (300668.SZ) reported a net loss of 17.8 million yuan in the first quarter of 2022, reversing a net profit of 3.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 55.6 million yuan in revenue, down 9.5% year-on-year.

At the end of the reporting period, it had 804.4 million yuan in total assets and 130.1 million yuan in total liabilities, with a liability-to-asset ratio of 16.2%.