According to Zhitong Finance APP News, Haisheng Juice (00359) announced its results for the six months ended June 30, 2021, and the group achieved revenue of RMB522 million (the same unit below), an increase of 22.81% year-on-year; Loss attributable to the owners of the company for the period was 166 million yuan, an increase of 93.4% year-on-year; Loss per share was 12.86 cents.
During the period under review, other income and losses changed from net income of approximately $3.1 million in the same period last year to a net loss of approximately $51.1 million for the period under review, mainly due to losses totaling approximately $51.1 million on disposal of property, plant and equipment and productive plants.
During the period under review, distribution costs increased by approximately 10.9% to approximately $112 million. The increase was primarily attributable to an increase in expenses commensurate with an increase in sales revenue.
This article originated from Zhitong Finance Network
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