Hainan Haiyao Co.,Ltd. Posted 399 Million Yuan Net Loss in First Half of 2021

Hainan Haiyao Co.,Ltd. (海南海药股份有限公司) (000566.SZ) reported a net loss of 399 million yuan in the first half of 2021, reversing a net profit of 49.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 9.7 billion yuan in total assets and 6.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.2%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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