Baotou Huazi Industry Co.,Ltd. Posted 34.3 Million Yuan Net Loss in First Quarter of 2022

Baotou Huazi Industry Co.,Ltd. (包头华资实业股份有限公司) (600191.SH) reported a net loss of 34.3 million yuan in the first quarter of 2022, widening 238.9% year-on-year.

Meanwhile, the company posted 1.3 million yuan in revenue, up 162.1% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 78.2 million yuan in total liabilities, with a liability-to-asset ratio of 4.6%.