Qinghai Huading Industrial Co.,Ltd. Posted 10.1 Million Yuan Net Loss in First Quarter of 2022

Qinghai Huading Industrial Co.,Ltd. (青海华鼎实业股份有限公司) (600243.SH) reported a net loss of 10.1 million yuan in the first quarter of 2022, narrowing 43% year-on-year.

Meanwhile, the company posted 132.9 million yuan in revenue, up 23.5% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 663.4 million yuan in total liabilities, with a liability-to-asset ratio of 37.7%.