Sinosun Technology Co.,Ltd. Posted 16 Million Yuan Net Loss in First Quarter of 2022

Sinosun Technology Co.,Ltd. (深圳兆日科技股份有限公司) (300333.SZ) reported a net loss of 16 million yuan in the first quarter of 2022, widening 1679.3% year-on-year.

Meanwhile, the company posted 36.8 million yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 843 million yuan in total assets and 19.7 million yuan in total liabilities, with a liability-to-asset ratio of 2.3%.