Jiangsu Dewei Advanced Materials Co.,Ltd. Posted 64 Million Yuan Net Loss in First Half of 2021

Jiangsu Dewei Advanced Materials Co.,Ltd. (江苏德威新材料股份有限公司) (300325.SZ) reported a net loss of 64 million yuan in the first half of 2021, widening 156.8% year-on-year.

Meanwhile, the company posted 453.1 million yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 2.7 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 94.9%.

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

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