Oct 30, 2021 08:00 AM

Tianjin Guangyu Development Co.,Ltd. Posted 937.8 Million Yuan Net Loss in First Three Quarters of 2021

Tianjin Guangyu Development Co.,Ltd. (天津广宇发展股份有限公司) (000537.SZ) reported a net loss of 937.8 million yuan in the first three quarters of 2021, reversing a net profit of 1.9 billion yuan for the same period in the previous year.

Meanwhile, the company posted 12.9 billion yuan in revenue, down 6% year-on-year.

At the end of the reporting period, it had 79.1 billion yuan in total assets and 64.7 billion yuan in total liabilities, with a liability-to-asset ratio of 81.8%.

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

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