Sinoer Men'S Wear Co.,Ltd. Posted 32.9 Million Yuan Net Loss in 2020

Sinoer Men'S Wear Co.,Ltd. (002485.SZ) reported a net loss of 32.9 million yuan in 2020, reversing a net profit of 112 million yuan for the previous year.

Meanwhile, the company posted 1.5 billion yuan in revenue, down 57.4% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 32.9%.

This article was automatically produced by Caixin Automation on May 12, 2021.

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