Blue Sail Medical Co.,Ltd. Posted 52.4 Million Yuan Net Loss in First Quarter of 2022

Blue Sail Medical Co.,Ltd. (蓝帆医疗股份有限公司) (002382.SZ) reported a net loss of 52.4 million yuan in the first quarter of 2022, reversing a net profit of 1.7 billion yuan for the same period in the previous year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 59% year-on-year.

At the end of the reporting period, it had 16.3 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 35.3%.