Shandong Ruyi Woolen Garment Group Co.,Ltd. Posted 44.7 Million Yuan Net Loss in First Half of 2021

Shandong Ruyi Woolen Garment Group Co.,Ltd. (山东如意毛纺服装集团股份有限公司) (002193.SZ) reported a net loss of 44.7 million yuan in the first half of 2021, reversing a net profit of 13 million yuan for the same period in the previous year.

Meanwhile, the company posted 260.7 million yuan in revenue, down 20.4% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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