Shenzhen Danbond Technology Co.,Ltd. Posted 49.8 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Danbond Technology Co.,Ltd. (深圳丹邦科技股份有限公司) (002618.SZ) reported a net loss of 49.8 million yuan in the first quarter of 2022, narrowing 10.8% year-on-year.

Meanwhile, the company posted 5.7 million yuan in revenue, down 54.5% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 723.9 million yuan in total liabilities, with a liability-to-asset ratio of 45.1%.