Guangxi Bossco Environmental Protection Technology Co.,Ltd. Posted 97.6 Million Yuan Net Loss in First Quarter of 2022

Guangxi Bossco Environmental Protection Technology Co.,Ltd. (广西博世科环保科技股份有限公司) (300422.SZ) reported a net loss of 97.6 million yuan in the first quarter of 2022, reversing a net profit of 47.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 257.2 million yuan in revenue, down 54.9% year-on-year.

At the end of the reporting period, it had 12.1 billion yuan in total assets and 9.2 billion yuan in total liabilities, with a liability-to-asset ratio of 76.1%.