Anhui Ankai Automobile Co.,Ltd. Posted 50.3 Million Yuan Net Loss in First Quarter of 2022

Anhui Ankai Automobile Co.,Ltd. (安徽安凯汽车股份有限公司) (000868.SZ) reported a net loss of 50.3 million yuan in the first quarter of 2022, widening 107.3% year-on-year.

Meanwhile, the company posted 327.9 million yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 92.4%.