Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. Posted 14.1 Million Yuan Net Loss in First Half of 2021

Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. (宁夏新日恒力钢丝绳股份有限公司) (600165.SH) reported a net loss of 14.1 million yuan in the first half of 2021, widening 145.1% year-on-year.

Meanwhile, the company posted 81.7 million yuan in revenue, up 105.3% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 60.5%.

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.