Aug 21, 2021 08:00 AM

Yinchuan Xinhua Commercial(Group) Co.,Ltd.’s Net Profit Dropped 38.1% in First Half of 2021

Yinchuan Xinhua Commercial(Group) Co.,Ltd. (银川新华百货商业集团股份有限公司) (600785.SH) reported a net profit of 24.4 million yuan in the first half of 2021, down 38.1% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 3.6% year-on-year.

At the end of the reporting period, it had 8.1 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 77.5%.

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

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