Y.U.D.Yangtze River Investment Industry Co.,Ltd. Posted 4.9 Million Yuan Net Loss in First Half of 2022

Y.U.D.Yangtze River Investment Industry Co.,Ltd. (长发集团长江投资实业股份有限公司) (600119.SH) reported a net loss of 4.9 million yuan in the first half of 2022, reversing a net profit of 11.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 678.6 million yuan in revenue, up 49.5% year-on-year.

At the end of the reporting period, it had 867.4 million yuan in total assets and 501.6 million yuan in total liabilities, with a liability-to-asset ratio of 57.8%.