Shenzhen Tatfook Technology Co.,Ltd. Posted 21.7 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Tatfook Technology Co.,Ltd. (大富科技(安徽)股份有限公司) (300134.SZ) reported a net loss of 21.7 million yuan in the first quarter of 2022, reversing a net profit of 11.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 505.1 million yuan in revenue, down 6.8% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 26.5%.