Souyute Group Co.,Ltd. Posted 2.2 Billion Yuan Net Loss in First Three Quarters of 2021

Souyute Group Co.,Ltd. (搜于特集团股份有限公司) (002503.SZ) reported a net loss of 2.2 billion yuan in the first three quarters of 2021, reversing a net profit of 60.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 4 billion yuan in revenue, down 30.1% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 77.5%.

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

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