Liaoning Sg Automotive Group Co.,Ltd. Posted 31.9 Million Yuan Net Loss in First Quarter of 2022

Liaoning Sg Automotive Group Co.,Ltd. (辽宁曙光汽车集团股份有限公司) (600303.SH) reported a net loss of 31.9 million yuan in the first quarter of 2022, narrowing 33.4% year-on-year.

Meanwhile, the company posted 559 million yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 42.4%.