Integrated Electronic Systems Lab Co.,Ltd. Posted 24 Million Yuan Net Loss in First Quarter of 2022

Integrated Electronic Systems Lab Co.,Ltd. (积成电子股份有限公司) (002339.SZ) reported a net loss of 24 million yuan in the first quarter of 2022, narrowing 18.4% year-on-year.

Meanwhile, the company posted 261 million yuan in revenue, up 9.7% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 44.4%.