Sichuan Xunyou Network Technology Co.,Ltd. Posted 6.4 Million Yuan Net Loss in First Quarter of 2022

Sichuan Xunyou Network Technology Co.,Ltd. (四川迅游网络科技股份有限公司) (300467.SZ) reported a net loss of 6.4 million yuan in the first quarter of 2022, reversing a net profit of 52.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 92.8 million yuan in revenue, down 30.1% year-on-year.

At the end of the reporting period, it had 942.1 million yuan in total assets and 224.6 million yuan in total liabilities, with a liability-to-asset ratio of 23.8%.