Jul 08, 2021 08:00 AM

Steyr Motors Corp. Posted 9.9 Million Yuan Net Loss in First Quarter of 2021

Steyr Motors Corp. (斯太尔动力股份有限公司) (000760.SZ) reported a net loss of 9.9 million yuan in the first quarter of 2021, reversing a net profit of 86.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 56,637 yuan in revenue, down 79.8% year-on-year.

At the end of the reporting period, it had 515.6 million yuan in total assets and 544.3 million yuan in total liabilities, with a liability-to-asset ratio of 105.6%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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