Wuhu Conch Profiles And Science Co.,Ltd. Posted 3.4 Million Yuan Net Loss in First Half of 2021

Wuhu Conch Profiles And Science Co.,Ltd. (芜湖海螺型材科技股份有限公司) (000619.SZ) reported a net loss of 3.4 million yuan in the first half of 2021, reversing a net profit of 4.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 41.5% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 42%.

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.