China Greatwall Technology Group Co.,Ltd. Posted 107.7 Million Yuan Net Loss in First Quarter of 2022

China Greatwall Technology Group Co.,Ltd. (中国长城科技集团股份有限公司) (000066.SZ) reported a net loss of 107.7 million yuan in the first quarter of 2022, narrowing 21.7% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, down 9.2% year-on-year.

At the end of the reporting period, it had 34.3 billion yuan in total assets and 19.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.1%.