Rockontrol Technology Group Co.,Ltd. Posted 37.4 Million Yuan Net Loss in First Quarter of 2022

Rockontrol Technology Group Co.,Ltd. (罗克佳华科技集团股份有限公司) (688051.SH) reported a net loss of 37.4 million yuan in the first quarter of 2022, reversing a net profit of 7.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 63.8 million yuan in revenue, down 41% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 470 million yuan in total liabilities, with a liability-to-asset ratio of 26.7%.