Chong Qing Sokon Industry Group Stock Co.,Ltd. Posted 1.6 Billion Yuan Net Loss in First Three Quarters of 2021

Chong Qing Sokon Industry Group Stock Co.,Ltd. (重庆小康工业集团股份有限公司) (601127.SH) reported a net loss of 1.6 billion yuan in the first three quarters of 2021, widening 49.7% year-on-year.

Meanwhile, the company posted 11.4 billion yuan in revenue, up 24.1% year-on-year.

At the end of the reporting period, it had 29.1 billion yuan in total assets and 21.7 billion yuan in total liabilities, with a liability-to-asset ratio of 74.8%.

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

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