China Sports Industry Group Co.,Ltd. Posted 56.3 Million Yuan Net Loss in First Quarter of 2022

China Sports Industry Group Co.,Ltd. (中体产业集团股份有限公司) (600158.SH) reported a net loss of 56.3 million yuan in the first quarter of 2022, narrowing 35% year-on-year.

Meanwhile, the company posted 205.1 million yuan in revenue, up 13% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 40.5%.