Guodian Nanjing Automation Company Limited Posted 47.4 Million Yuan Net Loss in First Quarter of 2022

Guodian Nanjing Automation Company Limited (国电南京自动化股份有限公司) (600268.SH) reported a net loss of 47.4 million yuan in the first quarter of 2022, narrowing 10.2% year-on-year.

Meanwhile, the company posted 934.6 million yuan in revenue, up 24.1% year-on-year.

At the end of the reporting period, it had 8.6 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 59%.