Jiangsu Sainty Corp.,Ltd. Posted 34 Million Yuan Net Loss in First Half of 2021

Jiangsu Sainty Corp.,Ltd. (江苏舜天股份有限公司) (600287.SH) reported a net loss of 34 million yuan in the first half of 2021, reversing a net profit of 49.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 57.9% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.

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

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