Quantumctek Co.,Ltd. Posted 19.7 Million Yuan Net Loss in First Quarter of 2022

Quantumctek Co.,Ltd. (科大国盾量子技术股份有限公司) (688027.SH) reported a net loss of 19.7 million yuan in the first quarter of 2022, widening 46.1% year-on-year.

Meanwhile, the company posted 9.9 million yuan in revenue, up 99.7% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 275.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.2%.