Hunan Lead Power Dazhi Technology Incorporated Company Posted 93.2 Million Yuan Net Loss in First Quarter of 2022

Hunan Lead Power Dazhi Technology Incorporated Company (湖南领湃达志科技股份有限公司) (300530.SZ) reported a net loss of 93.2 million yuan in the first quarter of 2022, widening 147% year-on-year.

Meanwhile, the company posted 38.7 million yuan in revenue, up 71.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 92.9%.