Luoniushan Co.,Ltd. Posted 131.6 Million Yuan Net Loss in First Three Quarters of 2021

Luoniushan Co.,Ltd. (罗牛山股份有限公司) (000735.SZ) reported a net loss of 131.6 million yuan in the first three quarters of 2021, reversing a net profit of 122.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 24.5% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.

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