Northcom Group Co.,Ltd. Posted 1.4 Billion Yuan Net Loss in 2020

Northcom Group Co.,Ltd. (北讯集团股份有限公司) (002359.SZ) reported a net loss of 1.4 billion yuan in 2020, narrowing 41.3% year-on-year.

Meanwhile, the company posted 351.3 million yuan in revenue, up 22.5% year-on-year.

At the end of the reporting period, it had 13.5 billion yuan in total assets and 12.3 billion yuan in total liabilities, with a liability-to-asset ratio of 91.7%.

This article was automatically produced by Caixin Automation on Aug. 27, 2021.

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