Tianjin Troila Information Technology Co.,Ltd. Posted 99.2 Million Yuan Net Loss in First Quarter of 2022

Tianjin Troila Information Technology Co.,Ltd. (天津卓朗信息科技股份有限公司) (600225.SH) reported a net loss of 99.2 million yuan in the first quarter of 2022, narrowing 59.8% year-on-year.

Meanwhile, the company posted 39.4 million yuan in revenue, down 16.9% year-on-year.

At the end of the reporting period, it had 6.3 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 69.7%.