Jiyao Holding Group Co.,Ltd. Posted 52.3 Million Yuan Net Loss in First Quarter of 2022

Jiyao Holding Group Co.,Ltd. (吉药控股集团股份有限公司) (300108.SZ) reported a net loss of 52.3 million yuan in the first quarter of 2022, widening 47.3% year-on-year.

Meanwhile, the company posted 118 million yuan in revenue, down 28.6% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 120.9%.