Yinyi Co.,Ltd. Posted 408.9 Million Yuan Net Loss in First Half of 2021

Yinyi Co.,Ltd. (银亿股份有限公司) (000981.SZ) reported a net loss of 408.9 million yuan in the first half of 2021, reversing a net profit of 38.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.1 billion yuan in revenue, down 56.7% year-on-year.

At the end of the reporting period, it had 22 billion yuan in total assets and 16.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74.4%.

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

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