Caixin
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.

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