Yinchuan Xinhua Commercial(Group) Co.,Ltd.’s Net Profit Dropped 72.3% in First Three Quarters of 2021

Yinchuan Xinhua Commercial(Group) Co.,Ltd. (银川新华百货商业集团股份有限公司) (600785.SH) reported a net profit of 4.6 million yuan in the first three quarters of 2021, down 72.3% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 3.3% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 78.2%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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