Apr 30, 2022 08:00 AM

Landocean Energy Services Co.,Ltd. Posted 48 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Landocean Energy Services Co.,Ltd. (恒泰艾普集团股份有限公司) (300157.SZ) reported a net loss of 48 million yuan in the first quarter of 2022, narrowing 20% year-on-year.

Meanwhile, the company posted 64.6 million yuan in revenue, down 26.3% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 89.5%.

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