Apr 28, 2022 08:00 AM

Shenzhen Kingdom Sci-Tech Co.,Ltd. Posted 53.7 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Shenzhen Kingdom Sci-Tech Co.,Ltd. (深圳市金证科技股份有限公司) (600446.SH) reported a net loss of 53.7 million yuan in the first quarter of 2022, reversing a net profit of 27.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 8.5% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 43.5%.

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