Nsfocus Technologies Group Co.,Ltd. Posted 114.5 Million Yuan Net Loss in First Quarter of 2022

Nsfocus Technologies Group Co.,Ltd. (绿盟科技集团股份有限公司) (300369.SZ) reported a net loss of 114.5 million yuan in the first quarter of 2022, widening 151.7% year-on-year.

Meanwhile, the company posted 326.6 million yuan in revenue, up 34.6% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 21.5%.