Apr 30, 2022 08:00 AM

Lawton Development Co.,Ltd. Posted 14.3 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Lawton Development Co.,Ltd. (罗顿发展股份有限公司) (600209.SH) reported a net loss of 14.3 million yuan in the first quarter of 2022, widening 48.2% year-on-year.

Meanwhile, the company posted 8.4 million yuan in revenue, down 46.7% year-on-year.

At the end of the reporting period, it had 562.1 million yuan in total assets and 236.9 million yuan in total liabilities, with a liability-to-asset ratio of 42.2%.

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