Shanghai Golden Bridge Infotech Co.,Ltd. Posted 8.3 Million Yuan Net Loss in First Quarter of 2022

Shanghai Golden Bridge Infotech Co.,Ltd. (上海金桥信息股份有限公司) (603918.SH) reported a net loss of 8.3 million yuan in the first quarter of 2022, reversing a net profit of 3.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 111.4 million yuan in revenue, down 31.9% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 513.3 million yuan in total liabilities, with a liability-to-asset ratio of 31.7%.