Beijing Advanced Digital Technology Co.,Ltd. Posted 11.2 Million Yuan Net Loss in First Quarter of 2022

Beijing Advanced Digital Technology Co.,Ltd. (北京先进数通信息技术股份公司) (300541.SZ) reported a net loss of 11.2 million yuan in the first quarter of 2022, reversing a net profit of 26.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 490.3 million yuan in revenue, down 13.6% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.4%.