Apr 30, 2022 08:00 AM

Jinhong Holding Group Co.,Ltd. Posted 3.6 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Jinhong Holding Group Co.,Ltd. (金鸿控股集团股份有限公司) (000669.SZ) reported a net loss of 3.6 million yuan in the first quarter of 2022, reversing a net profit of 10.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 416.2 million yuan in revenue, down 2% year-on-year.

At the end of the reporting period, it had 3 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 74.6%.

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