Ningxia Xinri Hengli Steel Wire Rope Co.,Ltd. Posted 25 Million Yuan Net Loss in First Three Quarters 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 25 million yuan in the first three quarters of 2021, widening 127.7% year-on-year.

Meanwhile, the company posted 143.2 million yuan in revenue, up 113.8% 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 60.9%.

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

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