Guangzhou Grg Metrology&Test Co.,Ltd. Posted 83.8 Million Yuan Net Loss in First Quarter of 2022

Guangzhou Grg Metrology&Test Co.,Ltd. (广州广电计量检测股份有限公司) (002967.SZ) reported a net loss of 83.8 million yuan in the first quarter of 2022, widening 9.2% year-on-year.

Meanwhile, the company posted 361.3 million yuan in revenue, up 17.1% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.