Liuzhou Liangmianzhen Co.,Ltd. Posted 29.7 Million Yuan Net Loss in First Quarter of 2022

Liuzhou Liangmianzhen Co.,Ltd. (柳州两面针股份有限公司) (600249.SH) reported a net loss of 29.7 million yuan in the first quarter of 2022, widening 53.3% year-on-year.

Meanwhile, the company posted 151.7 million yuan in revenue, down 11.2% year-on-year.

At the end of the reporting period, it had 2.5 billion yuan in total assets and 375.8 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.