Oct 31, 2021 08:00 AM

Jiangsu Sainty Corp.,Ltd. Posted 52.7 Million Yuan Net Loss in First Three Quarters of 2021

Jiangsu Sainty Corp.,Ltd. (江苏舜天股份有限公司) (600287.SH) reported a net loss of 52.7 million yuan in the first three quarters of 2021, reversing a net profit of 170.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 4 billion yuan in revenue, up 28.8% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 49.2%.

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

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