Eastone Century Technology Co.,Ltd. Posted 1 Million Yuan Net Loss in First Quarter of 2022

Eastone Century Technology Co.,Ltd. (宜通世纪科技股份有限公司) (300310.SZ) reported a net loss of 1 million yuan in the first quarter of 2022, reversing a net profit of 1.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 613.9 million yuan in revenue, up 16.6% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 844.5 million yuan in total liabilities, with a liability-to-asset ratio of 32.7%.