Shanghai Safbon Water Service(Holding) Inc. Posted 31 Million Yuan Net Loss in First Half of 2021

Shanghai Safbon Water Service(Holding) Inc. (上海巴安水务股份有限公司) (300262.SZ) reported a net loss of 31 million yuan in the first half of 2021, reversing a net profit of 7.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 246 million yuan in revenue, down 49.6% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 65.2%.

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

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