Hunan Copote Science&Technology Co.,Ltd. Posted 14.2 Million Yuan Net Loss in First Quarter of 2022

Hunan Copote Science&Technology Co.,Ltd. (湖南湘邮科技股份有限公司) (600476.SH) reported a net loss of 14.2 million yuan in the first quarter of 2022, widening 244.8% year-on-year.

Meanwhile, the company posted 74.3 million yuan in revenue, up 17.6% year-on-year.

At the end of the reporting period, it had 591.7 million yuan in total assets and 442 million yuan in total liabilities, with a liability-to-asset ratio of 74.7%.