Apr 30, 2022 08:00 AM

Linewell Software Co.,Ltd. Posted 28 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Linewell Software Co.,Ltd. (南威软件股份有限公司) (603636.SH) reported a net loss of 28 million yuan in the first quarter of 2022, widening 208.6% year-on-year.

Meanwhile, the company posted 125.6 million yuan in revenue, down 4.9% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 38.8%.

Share this article

Open WeChat and scan the QR code

GALLERY

: Gallery: Huaiyang Cuisine Takes Center Stage at Trump Banquet

NEWSLETTERS

Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription

PODCAST

China Business Uncovered Podcast: Inside Vanke and China’s Property Reckoning

00:00

00:00/00:00

MOST POPULAR

1: In Depth: As China’s Hidden Local Debts Shrink, a New Challenge Emerges

2: China Taps Industry Veteran Ding Xiangqun to Lead Top Financial Regulator

3: EU Fines Temu 200 Million Euros for Letting in Unsafe Products

4: China Steps Up Enforcement of Critical Mineral Export Controls

5: China Unveils Sweeping Five-Year Urban Renewal Plan

SPONSORED

OR