Suning Universal Co.,Ltd.’s Net Profit Dropped 16.2% in 2020

Suning Universal Co.,Ltd. (000718.SZ) reported a net profit of 1 billion yuan in 2020, down 16.2% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, up 9.3% year-on-year.

At the end of the reporting period, it had 16 billion yuan in total assets and 7.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.5%.

This article was automatically produced by Caixin Automation on April 22, 2021.

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