Feitian Technologies Co.,Ltd. Posted 6.4 Million Yuan Net Loss in First Quarter of 2022

Feitian Technologies Co.,Ltd. (飞天诚信科技股份有限公司) (300386.SZ) reported a net loss of 6.4 million yuan in the first quarter of 2022, narrowing 43.9% year-on-year.

Meanwhile, the company posted 166.6 million yuan in revenue, up 27.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 234 million yuan in total liabilities, with a liability-to-asset ratio of 11.4%.