Rendong Holdings Co.,Ltd. Posted 19 Million Yuan Net Loss in First Quarter of 2022

Rendong Holdings Co.,Ltd. (仁东控股股份有限公司) (002647.SZ) reported a net loss of 19 million yuan in the first quarter of 2022, widening 147.1% year-on-year.

Meanwhile, the company posted 406.8 million yuan in revenue, down 2.9% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 89.3%.