Jilin Yatai(Group) Co.,Ltd. Posted 705.5 Million Yuan Net Loss in First Half of 2022

Jilin Yatai(Group) Co.,Ltd. (吉林亚泰(集团)股份有限公司) (600881.SH) reported a net loss of 705.5 million yuan in the first half of 2022, reversing a net profit of 28.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 7.1 billion yuan in revenue, down 27.2% year-on-year.

At the end of the reporting period, it had 53.9 billion yuan in total assets and 38.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.