Wuhan Xingtu Xinke Electronics Co.,Ltd. Posted 2.2 Million Yuan Net Loss in First Quarter of 2022

Wuhan Xingtu Xinke Electronics Co.,Ltd. (武汉兴图新科电子股份有限公司) (688081.SH) reported a net loss of 2.2 million yuan in the first quarter of 2022, narrowing 88.7% year-on-year.

Meanwhile, the company posted 26.4 million yuan in revenue, up 474.7% year-on-year.

At the end of the reporting period, it had 729.8 million yuan in total assets and 58.7 million yuan in total liabilities, with a liability-to-asset ratio of 8%.