China National Software&Service Company Limited Posted 140.3 Million Yuan Net Loss in First Quarter of 2022

China National Software&Service Company Limited (中国软件与技术服务股份有限公司) (600536.SH) reported a net loss of 140.3 million yuan in the first quarter of 2022, narrowing 27.2% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 49.6% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 68.3%.