Shanghai Xuerong Biological Technology Co.,Ltd. Posted 143.8 Million Yuan Net Loss in First Three Quarters 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 143.8 million yuan in the first three quarters of 2021, reversing a net profit of 202.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 8.6% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 58.3%.

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

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