Luoniushan Co.,Ltd.’s Net Profit Dropped 56.2% in First Half of 2021

Luoniushan Co.,Ltd. (罗牛山股份有限公司) (000735.SZ) reported a net profit of 34.2 million yuan in the first half of 2021, down 56.2% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 19.4% year-on-year.

At the end of the reporting period, it had 9.5 billion yuan in total assets and 4.7 billion yuan in total liabilities, with a liability-to-asset ratio of 49.8%.

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