Siasun Robot&Automation Co.,Ltd. Posted 67 Million Yuan Net Loss in First Quarter of 2022

Siasun Robot&Automation Co.,Ltd. (沈阳新松机器人自动化股份有限公司) (300024.SZ) reported a net loss of 67 million yuan in the first quarter of 2022, widening 162.3% year-on-year.

Meanwhile, the company posted 491.9 million yuan in revenue, up 2.6% year-on-year.

At the end of the reporting period, it had 11.2 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 62.2%.