Poly Union Chemical Holding Group Co.,Ltd. Posted 69.5 Million Yuan Net Loss in First Quarter of 2022

Poly Union Chemical Holding Group Co.,Ltd. (保利联合化工控股集团股份有限公司) (002037.SZ) reported a net loss of 69.5 million yuan in the first quarter of 2022, widening 76.5% year-on-year.

Meanwhile, the company posted 937.6 million yuan in revenue, down 3.6% year-on-year.

At the end of the reporting period, it had 16.7 billion yuan in total assets and 11.8 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.