Y.U.D.Yangtze River Investment Industry Co.,Ltd. Posted 7 Million Yuan Net Loss in First Quarter of 2022

Y.U.D.Yangtze River Investment Industry Co.,Ltd. (长发集团长江投资实业股份有限公司) (600119.SH) reported a net loss of 7 million yuan in the first quarter of 2022, widening 957.4% year-on-year.

Meanwhile, the company posted 320.1 million yuan in revenue, up 32.2% year-on-year.

At the end of the reporting period, it had 799.8 million yuan in total assets and 436.2 million yuan in total liabilities, with a liability-to-asset ratio of 54.5%.