Changchun Gas Co.,Ltd Posted 12.6 Million Yuan Net Loss in First Quarter of 2022

Changchun Gas Co.,Ltd (长春燃气股份有限公司) (600333.SH) reported a net loss of 12.6 million yuan in the first quarter of 2022, narrowing 40% year-on-year.

Meanwhile, the company posted 666.6 million yuan in revenue, up 15.8% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 3.7 billion yuan in total liabilities, with a liability-to-asset ratio of 63.2%.