Pansoft Company Limited Posted 14.1 Million Yuan Net Loss in First Quarter of 2022

Pansoft Company Limited (普联软件股份有限公司) (300996.SZ) reported a net loss of 14.1 million yuan in the first quarter of 2022, reversing a net profit of 3.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 49 million yuan in revenue, up 34.5% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 102.2 million yuan in total liabilities, with a liability-to-asset ratio of 10%.