Dongjiang Environmental Company Limited Posted 2.5 Million Yuan Net Loss in First Quarter of 2022

Dongjiang Environmental Company Limited (东江环保股份有限公司) (002672.SZ) reported a net loss of 2.5 million yuan in the first quarter of 2022, reversing a net profit of 30 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 28.2% year-on-year.

At the end of the reporting period, it had 12.2 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 55.2%.