Cred Holding Co.,Ltd. Posted 7.1 Million Yuan Net Loss in First Quarter of 2022

Cred Holding Co.,Ltd. (中房置业股份有限公司) (600890.SH) reported a net loss of 7.1 million yuan in the first quarter of 2022, widening 13.9% year-on-year.

Meanwhile, the company posted 3 million yuan in revenue, up 3476.7% year-on-year.

At the end of the reporting period, it had 245.5 million yuan in total assets and 32.3 million yuan in total liabilities, with a liability-to-asset ratio of 13.2%.