Shenzhen Hekeda Precision Cleaning Equipment Co.,Ltd. Posted 10.9 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Hekeda Precision Cleaning Equipment Co.,Ltd. (深圳市和科达精密清洗设备股份有限公司) (002816.SZ) reported a net loss of 10.9 million yuan in the first quarter of 2022, widening 11.9% year-on-year.

Meanwhile, the company posted 10.5 million yuan in revenue, down 27.9% year-on-year.

At the end of the reporting period, it had 463 million yuan in total assets and 54.8 million yuan in total liabilities, with a liability-to-asset ratio of 11.8%.