Tianjin Teda Co.,Ltd. Posted 38.1 Million Yuan Net Loss in First Quarter of 2022

Tianjin Teda Co.,Ltd. (天津泰达股份有限公司) (000652.SZ) reported a net loss of 38.1 million yuan in the first quarter of 2022, widening 74.3% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, up 72.9% year-on-year.

At the end of the reporting period, it had 37.7 billion yuan in total assets and 31.4 billion yuan in total liabilities, with a liability-to-asset ratio of 83.1%.