Apr 28, 2022 08:00 AM

Tianjin Keyvia Electric Co.,Ltd. Posted 27.5 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Tianjin Keyvia Electric Co.,Ltd. (天津凯发电气股份有限公司) (300407.SZ) reported a net loss of 27.5 million yuan in the first quarter of 2022, widening 5.7% year-on-year.

Meanwhile, the company posted 291.5 million yuan in revenue, up 10.6% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.4%.

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