Xinjiang La Chapelle Fashion Co.,Ltd. Posted 87.5 Million Yuan Net Loss in First Quarter of 2022

Xinjiang La Chapelle Fashion Co.,Ltd. (新疆拉夏贝尔服饰股份有限公司) (603157.SH) reported a net loss of 87.5 million yuan in the first quarter of 2022, widening 28.3% year-on-year.

Meanwhile, the company posted 71.9 million yuan in revenue, down 54.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 3.9 billion yuan in total liabilities, with a liability-to-asset ratio of 168.1%.