Shenzhen King Explorer Science And Technology Corporation Posted 9.5 Million Yuan Net Loss in First Quarter of 2022

Shenzhen King Explorer Science And Technology Corporation (深圳市金奥博科技股份有限公司) (002917.SZ) reported a net loss of 9.5 million yuan in the first quarter of 2022, reversing a net profit of 12.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 210.1 million yuan in revenue, up 48.3% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.