Shenzhen Hemei Group Co.,Ltd. Posted 3.5 Million Yuan Net Loss in First Quarter of 2022

Shenzhen Hemei Group Co.,Ltd. (深圳赫美集团股份有限公司) (002356.SZ) reported a net loss of 3.5 million yuan in the first quarter of 2022, narrowing 95.9% year-on-year.

Meanwhile, the company posted 53 million yuan in revenue, down 49% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 307.8 million yuan in total liabilities, with a liability-to-asset ratio of 31%.