Aerosun Corporation Posted 12.6 Million Yuan Net Loss in First Quarter of 2022

Aerosun Corporation (航天晨光股份有限公司) (600501.SH) reported a net loss of 12.6 million yuan in the first quarter of 2022, reversing a net profit of 10.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 511.3 million yuan in revenue, down 16.5% year-on-year.

At the end of the reporting period, it had 5.9 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.1%.