Caixin
Aug 06, 2021 08:00 AM

Swancor Advanced Materials Co.,Ltd. Posted 2.6 Million Yuan Net Loss in First Half of 2021

Swancor Advanced Materials Co.,Ltd. (上纬新材料科技股份有限公司) (688585.SH) reported a net loss of 2.6 million yuan in the first half of 2021, reversing a net profit of 46 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, up 41.3% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.

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

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Biz Roundup: China’s Covid Caseload Hits Six-Month High
00:00
00:00/00:00