May 06, 2022 08:00 AM

Lead Eastern Investment Co.,Ltd. Posted 27.2 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Lead Eastern Investment Co.,Ltd. (当代东方投资股份有限公司) (000673.SZ) reported a net loss of 27.2 million yuan in the first quarter of 2022, widening 2.9% year-on-year.

Meanwhile, the company posted 25.2 million yuan in revenue, down 30.6% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 97.4%.

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