Jiajiayue Group Co.,Ltd.’s Net Profit Dropped 46.1% in First Half of 2021

Jiajiayue Group Co.,Ltd. (家家悦集团股份有限公司) (603708.SH) reported a net profit of 151.6 million yuan in the first half of 2021, down 46.1% year-on-year.
Meanwhile, the company posted 8.8 billion yuan in revenue, up 2.5% year-on-year.
At the end of the reporting period, it had 13.4 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 78.8%.
This article was automatically produced by Caixin Automation on Sept. 1, 2021.
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