Oct 28, 2021 08:00 AM

Shanghai Safbon Water Service(Holding) Inc. Posted 84.9 Million Yuan Net Loss in First Three Quarters of 2021

Shanghai Safbon Water Service(Holding) Inc. (上海巴安水务股份有限公司) (300262.SZ) reported a net loss of 84.9 million yuan in the first three quarters of 2021, reversing a net profit of 1.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 323.4 million yuan in revenue, down 34.5% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 66.2%.

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

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