Jinzhou Cihang Group Co.,Ltd. Posted 514.8 Million Yuan Net Loss in First Three Quarters of 2021

Jinzhou Cihang Group Co.,Ltd. (金洲慈航集团股份有限公司) (000587.SZ) reported a net loss of 514.8 million yuan in the first three quarters of 2021, narrowing 81.3% year-on-year.

Meanwhile, the company posted 93.6 million yuan in revenue, down 91.3% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 104%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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