Kyland Technology Co.,Ltd. Posted 71.3 Million Yuan Net Loss in First Quarter of 2022

Kyland Technology Co.,Ltd. (北京东土科技股份有限公司) (300353.SZ) reported a net loss of 71.3 million yuan in the first quarter of 2022, widening 115.2% year-on-year.

Meanwhile, the company posted 100.8 million yuan in revenue, down 41.6% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 56%.