Gosuncn Technology Group Co.,Ltd. Posted 82.9 Million Yuan Net Loss in First Quarter of 2022

Gosuncn Technology Group Co.,Ltd. (高新兴科技集团股份有限公司) (300098.SZ) reported a net loss of 82.9 million yuan in the first quarter of 2022, widening 32.6% year-on-year.

Meanwhile, the company posted 402.6 million yuan in revenue, up 3.1% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 40.7%.