Shandong Kehui Power Automation Co.,Ltd. Posted 13.6 Million Yuan Net Loss in First Quarter of 2022

Shandong Kehui Power Automation Co.,Ltd. (山东科汇电力自动化股份有限公司) (688681.SH) reported a net loss of 13.6 million yuan in the first quarter of 2022, widening 49.6% year-on-year.

Meanwhile, the company posted 44.3 million yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 739.3 million yuan in total assets and 167.9 million yuan in total liabilities, with a liability-to-asset ratio of 22.7%.