Oct 28, 2021 08:00 AM

Suning Universal Co.,Ltd.’s Net Profit Dropped 14.5% in First Three Quarters of 2021

Suning Universal Co.,Ltd. (苏宁环球股份有限公司) (000718.SZ) reported a net profit of 734.5 million yuan in the first three quarters of 2021, down 14.5% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 15.9 billion yuan in total assets and 6.7 billion yuan in total liabilities, with a liability-to-asset ratio of 42.1%.

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

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