Guizhou Changzheng Tiancheng Holding Co.,Ltd. Posted 35.8 Million Yuan Net Loss in First Quarter of 2022

Guizhou Changzheng Tiancheng Holding Co.,Ltd. (贵州长征天成控股股份有限公司) (600112.SH) reported a net loss of 35.8 million yuan in the first quarter of 2022, widening 246.3% year-on-year.

Meanwhile, the company posted 6.5 million yuan in revenue, down 77.6% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 91.6%.