Costar Group Co.,Ltd. Posted 28.9 Million Yuan Net Loss in First Quarter of 2022

Costar Group Co.,Ltd. (中光学集团股份有限公司) (002189.SZ) reported a net loss of 28.9 million yuan in the first quarter of 2022, reversing a net profit of 5 million yuan for the same period in the previous year.

Meanwhile, the company posted 849.2 million yuan in revenue, up 2% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 52.3%.