Julong Co.,Ltd. Posted 11.2 Million Yuan Net Loss in First Quarter of 2022

Julong Co.,Ltd. (聚龙股份有限公司) (300202.SZ) reported a net loss of 11.2 million yuan in the first quarter of 2022, reversing a net profit of 6.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 82.2 million yuan in revenue, up 3.5% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 351.1 million yuan in total liabilities, with a liability-to-asset ratio of 22.6%.