Nanjing Chemical Fibre Co.,Ltd. Posted 63.1 Million Yuan Net Loss in First Half of 2022

Nanjing Chemical Fibre Co.,Ltd. (南京化纤股份有限公司) (600889.SH) reported a net loss of 63.1 million yuan in the first half of 2022, reversing a net profit of 109.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 269.8 million yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 748.6 million yuan in total liabilities, with a liability-to-asset ratio of 37.3%.