Yunnan Luoping Zinc And Electricity Co.,Ltd. Posted 46.7 Million Yuan Net Loss in First Quarter of 2022

Yunnan Luoping Zinc And Electricity Co.,Ltd. (云南罗平锌电股份有限公司) (002114.SZ) reported a net loss of 46.7 million yuan in the first quarter of 2022, reversing a net profit of 11.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 424.9 million yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 927.8 million yuan in total liabilities, with a liability-to-asset ratio of 38.9%.