Beijing Sinohytec Co.,Ltd. Posted 35.7 Million Yuan Net Loss in First Quarter of 2022

Beijing Sinohytec Co.,Ltd. (北京亿华通科技股份有限公司) (688339.SH) reported a net loss of 35.7 million yuan in the first quarter of 2022, widening 65.1% year-on-year.

Meanwhile, the company posted 97.1 million yuan in revenue, up 855.8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 720.7 million yuan in total liabilities, with a liability-to-asset ratio of 20.2%.