Caixin
Oct 31, 2021 08:00 AM

China Sports Industry Group Co.,Ltd. Posted 32.1 Million Yuan Net Loss in First Three Quarters of 2021

China Sports Industry Group Co.,Ltd. (中体产业集团股份有限公司) (600158.SH) reported a net loss of 32.1 million yuan in the first three quarters of 2021, reversing a net profit of 49.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 706.8 million yuan in revenue, down 33.7% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 36.6%.

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.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Why Singapore Sovereign Fund Sues Chinese EV-Maker Nio
00:00
00:00/00:00