Jiangxi Firstar Panel Technology Co.,Ltd. Posted 35.1 Million Yuan Net Loss in First Quarter of 2022

Jiangxi Firstar Panel Technology Co.,Ltd. (江西星星科技股份有限公司) (300256.SZ) reported a net loss of 35.1 million yuan in the first quarter of 2022, narrowing 92.1% year-on-year.

Meanwhile, the company posted 117.8 million yuan in revenue, down 86.9% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 90.9%.