Feitian Technologies Co.,Ltd. Posted 25.7 Million Yuan Net Loss in First Half of 2021

Feitian Technologies Co.,Ltd. (飞天诚信科技股份有限公司) (300386.SZ) reported a net loss of 25.7 million yuan in the first half of 2021, reversing a net profit of 26.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 316.6 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 177.2 million yuan in total liabilities, with a liability-to-asset ratio of 8.7%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.