Gosun Holding Co.,Ltd. Posted 51.7 Million Yuan Net Loss in First Quarter of 2022

Gosun Holding Co.,Ltd. (高升控股股份有限公司) (000971.SZ) reported a net loss of 51.7 million yuan in the first quarter of 2022, widening 223.4% year-on-year.
Meanwhile, the company posted 114.4 million yuan in revenue, down 34.3% year-on-year.
At the end of the reporting period, it had 1.6 billion yuan in total assets and 909.5 million yuan in total liabilities, with a liability-to-asset ratio of 56%.
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