Shandong Ruyi Woolen Garment Group Co.,Ltd. Posted 44.1 Million Yuan Net Loss in First Three Quarters of 2021

Shandong Ruyi Woolen Garment Group Co.,Ltd. (山东如意毛纺服装集团股份有限公司) (002193.SZ) reported a net loss of 44.1 million yuan in the first three quarters of 2021, reversing a net profit of 17.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 428.4 million yuan in revenue, down 15.9% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.

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

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