Yinyi Co.,Ltd. Posted 676.8 Million Yuan Net Loss in First Three Quarters of 2021

Yinyi Co.,Ltd. (银亿股份有限公司) (000981.SZ) reported a net loss of 676.8 million yuan in the first three quarters of 2021, reversing a net profit of 61.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 3 billion yuan in revenue, down 52.4% year-on-year.

At the end of the reporting period, it had 22.2 billion yuan in total assets and 16.8 billion yuan in total liabilities, with a liability-to-asset ratio of 75.9%.

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

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