Zhangzidao Group Co.,Ltd. Posted 14.7 Million Yuan Net Loss in First Quarter of 2022

Zhangzidao Group Co.,Ltd. (獐子岛集团股份有限公司) (002069.SZ) reported a net loss of 14.7 million yuan in the first quarter of 2022, narrowing 63.1% year-on-year.

Meanwhile, the company posted 394.6 million yuan in revenue, up 11.6% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 96.9%.