Shanghai Xuerong Biological Technology Co.,Ltd. Posted 90 Million Yuan Net Loss in First Half of 2021

Shanghai Xuerong Biological Technology Co.,Ltd. (上海雪榕生物科技股份有限公司) (300511.SZ) reported a net loss of 90 million yuan in the first half of 2021, reversing a net profit of 138.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 928.8 million yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.8%.

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

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