Eging Photovoltaic Technology Co.,Ltd. Posted 13.5 Million Yuan Net Loss in First Quarter of 2022

Eging Photovoltaic Technology Co.,Ltd. (亿晶光电科技股份有限公司) (600537.SH) reported a net loss of 13.5 million yuan in the first quarter of 2022, narrowing 85.6% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 40.7% year-on-year.

At the end of the reporting period, it had 8.4 billion yuan in total assets and 5.7 billion yuan in total liabilities, with a liability-to-asset ratio of 68.3%.