Shanghai U9 Game Co.,Ltd. Posted 11.6 Million Yuan Net Loss in First Quarter of 2022

Shanghai U9 Game Co.,Ltd. (上海游久游戏股份有限公司) (600652.SH) reported a net loss of 11.6 million yuan in the first quarter of 2022, widening 25% year-on-year.

Meanwhile, the company posted 3.3 million yuan in revenue, down 42.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 105.5 million yuan in total liabilities, with a liability-to-asset ratio of 6%.