Shenzhen Soling Industrial Co.,Ltd. Posted 4 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Soling Industrial Co.,Ltd. (深圳市索菱实业股份有限公司) (002766.SZ) reported a net loss of 4 million yuan in the first quarter of 2022, narrowing 95.6% year-on-year.

Meanwhile, the company posted 188.9 million yuan in revenue, up 12.1% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 559.2 million yuan in total liabilities, with a liability-to-asset ratio of 47.2%.