Weifang Yaxing Chemical Co.,Ltd. Posted 3.8 Million Yuan Net Loss in First Quarter of 2022

Weifang Yaxing Chemical Co.,Ltd. (潍坊亚星化学股份有限公司) (600319.SH) reported a net loss of 3.8 million yuan in the first quarter of 2022, narrowing 46.1% year-on-year.

Meanwhile, the company posted 154.5 million yuan in revenue, up 191312.3% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 87.6%.