Aug 31, 2021 08:00 AM

Guangzhou Shangpin Home Collection Co.,Ltd. Posted 43.1 Million Yuan Net Profit in First Half of 2021

Guangzhou Shangpin Home Collection Co.,Ltd. (广州尚品宅配家居股份有限公司) (300616.SZ) reported a net profit of 43.1 million yuan in the first half of 2021, reversing a net loss of 123.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 40.2% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 3.6 billion yuan in total liabilities, with a liability-to-asset ratio of 50.3%.

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

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