New Hope Liuhe Co.,Ltd. Posted 6.1 Billion Yuan Net Loss in First Three Quarters of 2021

New Hope Liuhe Co.,Ltd. (新希望六和股份有限公司) (000876.SZ) reported a net loss of 6.1 billion yuan in the first three quarters of 2021, reversing a net profit of 6 billion yuan for the same period in the previous year.

Meanwhile, the company posted 94.5 billion yuan in revenue, up 26.3% year-on-year.

At the end of the reporting period, it had 131.4 billion yuan in total assets and 85.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.8%.

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

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