Wens Foodstuff Group Co.,Ltd. Posted 9.8 Billion Yuan Net Loss in First Three Quarters of 2021

Wens Foodstuff Group Co.,Ltd. (温氏食品集团股份有限公司) (300498.SZ) reported a net loss of 9.8 billion yuan in the first three quarters of 2021, reversing a net profit of 8.3 billion yuan for the same period in the previous year.

Meanwhile, the company posted 46.6 billion yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 99.4 billion yuan in total assets and 61.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61.7%.

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

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