Shandong Huapeng Glass Co.,Ltd. Posted 36.9 Million Yuan Net Loss in First Quarter of 2022

Shandong Huapeng Glass Co.,Ltd. (山东华鹏玻璃股份有限公司) (603021.SH) reported a net loss of 36.9 million yuan in the first quarter of 2022, reversing a net profit of 3.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 165.7 million yuan in revenue, down 17.8% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 67.8%.