Apr 30, 2022 08:00 AM

Markor International Home Furnishings Co.,Ltd. Posted 99.9 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Markor International Home Furnishings Co.,Ltd. (美克国际家居用品股份有限公司) (600337.SH) reported a net loss of 99.9 million yuan in the first quarter of 2022, reversing a net profit of 74.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 14.6% year-on-year.

At the end of the reporting period, it had 9.6 billion yuan in total assets and 5.3 billion yuan in total liabilities, with a liability-to-asset ratio of 55%.

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