Yantai Yuancheng Gold Co.,Ltd. Posted 142,775 Yuan Net Loss in First Quarter of 2022

Yantai Yuancheng Gold Co.,Ltd. (烟台园城黄金股份有限公司) (600766.SH) reported a net loss of 142,775 yuan in the first quarter of 2022, reversing a net profit of 2.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 11 million yuan in revenue, down 76.8% year-on-year.

At the end of the reporting period, it had 142.2 million yuan in total assets and 84 million yuan in total liabilities, with a liability-to-asset ratio of 59.1%.