Suzhou Goldengreen Technologies Ltd. Posted 4 Million Yuan Net Loss in First Quarter of 2022

Suzhou Goldengreen Technologies Ltd. (苏州恒久光电科技股份有限公司) (002808.SZ) reported a net loss of 4 million yuan in the first quarter of 2022, widening 40.4% year-on-year.

Meanwhile, the company posted 36.9 million yuan in revenue, down 33.8% year-on-year.

At the end of the reporting period, it had 586.5 million yuan in total assets and 170.2 million yuan in total liabilities, with a liability-to-asset ratio of 29%.