Zhongtong Guomai Communication Co.,Ltd. Posted 15.6 Million Yuan Net Loss in First Quarter of 2022

Zhongtong Guomai Communication Co.,Ltd. (中通国脉通信股份有限公司) (603559.SH) reported a net loss of 15.6 million yuan in the first quarter of 2022, narrowing 18.5% year-on-year.

Meanwhile, the company posted 55.1 million yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 856.7 million yuan in total liabilities, with a liability-to-asset ratio of 63.2%.