Wuhan Zhongyuan Huadian Science&Technology Co.,Ltd. Posted 25.4 Million Yuan Net Loss in First Quarter of 2022

Wuhan Zhongyuan Huadian Science&Technology Co.,Ltd. (武汉中元华电科技股份有限公司) (300018.SZ) reported a net loss of 25.4 million yuan in the first quarter of 2022, widening 256.4% year-on-year.

Meanwhile, the company posted 64.4 million yuan in revenue, up 1.5% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 146.5 million yuan in total liabilities, with a liability-to-asset ratio of 10.7%.