Yutong Bus Co.,Ltd. Posted 117.7 Million Yuan Net Loss in First Quarter of 2022

Yutong Bus Co.,Ltd. (宇通客车股份有限公司) (600066.SH) reported a net loss of 117.7 million yuan in the first quarter of 2022, widening 6.6% year-on-year.

Meanwhile, the company posted 3.5 billion yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 29.6 billion yuan in total assets and 14.6 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.