Apr 30, 2022 08:00 AM

Svg Tech Group Co.,Ltd. Posted 26.7 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Svg Tech Group Co.,Ltd. (苏州苏大维格科技集团股份有限公司) (300331.SZ) reported a net loss of 26.7 million yuan in the first quarter of 2022, reversing a net profit of 11.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 397.6 million yuan in revenue, up 9.9% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 43.6%.

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