Apr 30, 2022 08:00 AM

Huaxun Fangzhou Co.,Ltd. Posted 25.5 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Huaxun Fangzhou Co.,Ltd. (华讯方舟股份有限公司) (000687.SZ) reported a net loss of 25.5 million yuan in the first quarter of 2022, narrowing 44.2% year-on-year.

Meanwhile, the company posted 14.7 million yuan in revenue, up 53.8% year-on-year.

At the end of the reporting period, it had 431 million yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 595.7%.

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