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%.

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