Zhuhai Zhongfu Enterprise Co.,Ltd. Posted 19.7 Million Yuan Net Loss in First Quarter of 2022

Zhuhai Zhongfu Enterprise Co.,Ltd. (珠海中富实业股份有限公司) (000659.SZ) reported a net loss of 19.7 million yuan in the first quarter of 2022, widening 104.3% year-on-year.

Meanwhile, the company posted 314.8 million yuan in revenue, up 2.2% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 79.5%.