China Dive Company Limited Posted 8.5 Million Yuan Net Loss in First Quarter of 2022

China Dive Company Limited (中潜股份有限公司) (300526.SZ) reported a net loss of 8.5 million yuan in the first quarter of 2022, narrowing 47.5% year-on-year.

Meanwhile, the company posted 5.6 million yuan in revenue, down 15.1% year-on-year.

At the end of the reporting period, it had 385 million yuan in total assets and 160.4 million yuan in total liabilities, with a liability-to-asset ratio of 41.7%.