Apr 28, 2022 08:00 AM

Wuhan Huazhong Numerical Control Co.,Ltd. Posted 55.3 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Wuhan Huazhong Numerical Control Co.,Ltd. (武汉华中数控股份有限公司) (300161.SZ) reported a net loss of 55.3 million yuan in the first quarter of 2022, widening 62.8% year-on-year.

Meanwhile, the company posted 247 million yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 48.4%.

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