Fujian Start Group Co.,Ltd. Posted 14.7 Million Yuan Net Loss in First Quarter of 2022

Fujian Start Group Co.,Ltd. (福建实达集团股份有限公司) (600734.SH) reported a net loss of 14.7 million yuan in the first quarter of 2022, narrowing 79.8% year-on-year.

Meanwhile, the company posted 3.5 million yuan in revenue, down 98.3% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 603 million yuan in total liabilities, with a liability-to-asset ratio of 57.8%.