Beijing Aerospace Changfeng Co.,Ltd. Posted 46.1 Million Yuan Net Loss in First Quarter of 2022

Beijing Aerospace Changfeng Co.,Ltd. (北京航天长峰股份有限公司) (600855.SH) reported a net loss of 46.1 million yuan in the first quarter of 2022, widening 0.2% year-on-year.

Meanwhile, the company posted 230.2 million yuan in revenue, down 7.5% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 55.6%.