Shanghai Sanmao (600689): A Net Loss Of 4.0355 Million Yuan From Profit To Loss In The First Half Of The Year

Shanghai Sanmao (600689. SH) disclosed the semi annual report of 2020. During the reporting period, due to the epidemic situation, all main business sectors of the company were negatively affected to a certain extent, and the operating income decreased by about 10.73% compared with the same period last year. Among them, the import and export trade volume decreased significantly compared with the same period, which was the main reason for the decrease of business income.

In terms of profit, during the reporting period, the company's net profit attributable to shareholders of listed companies was -4035500 yuan, a decrease of 138.08% compared with the same period last year. The main reason is that the company sold 90% of the equity of Shanghai Maofa Property Management Co., Ltd., increasing the current non recurring profit and loss by about 11 million yuan. After excluding the influence of non recurring profit and loss, the company increased the loss by 75.9% in the first half of the year compared with the same period 40000 yuan.