Apr 30, 2022 08:00 AM

Beijing Hanjian Heshan Pipeline Co.,Ltd. Posted 15.4 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Beijing Hanjian Heshan Pipeline Co.,Ltd. (北京韩建河山管业股份有限公司) (603616.SH) reported a net loss of 15.4 million yuan in the first quarter of 2022, widening 113% year-on-year.

Meanwhile, the company posted 49.7 million yuan in revenue, down 58.1% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 53.8%.

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