Jilin Yatai(Group) Co.,Ltd. Posted 481 Million Yuan Net Loss in First Quarter of 2022

Jilin Yatai(Group) Co.,Ltd. (吉林亚泰(集团)股份有限公司) (600881.SH) reported a net loss of 481 million yuan in the first quarter of 2022, widening 30.9% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 54.4 billion yuan in total assets and 38.7 billion yuan in total liabilities, with a liability-to-asset ratio of 71.1%.