Dalian Friendship(Group) Co.,Ltd. Posted 12.1 Million Yuan Net Loss in First Quarter of 2022

Dalian Friendship(Group) Co.,Ltd. (大连友谊(集团)股份有限公司) (000679.SZ) reported a net loss of 12.1 million yuan in the first quarter of 2022, narrowing 23.6% year-on-year.

Meanwhile, the company posted 42.5 million yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 637.9 million yuan in total liabilities, with a liability-to-asset ratio of 63.4%.