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    Shanghai Sanmao (600689): It Is Expected That There Will Be A Loss In The First Three Quarters

    2020/10/19 19:03:00 0

    Shanghai SanmaoTextile StocksThe Latest Announcement

    On October 19, Shanghai Sanmao (600689. SH) announced that, according to the preliminary calculation of the financial department, it is estimated that the net profit attributable to shareholders of Listed Companies in the first three quarters of 2020 will suffer losses compared with the same period of last year (statutory disclosure data), and the net profit attributable to shareholders of listed companies will be about - 9.19 million yuan. It is estimated that the net profit attributable to shareholders of listed companies after deducting non recurring profit and loss in the first three quarters of 2020 will be - 2.46 million yuan.

    During the reporting period, due to the impact of new crown pneumonia, the company's import and export trade business income and gross profit decreased slightly compared with the same period last year; at the same time, in order to jointly cope with the epidemic situation, the company moderately reduced the rent of qualified small and medium-sized enterprises, and reduced the current profit and loss by about 850000 yuan; in addition, the company made provision for asset impairment of the real estate of Shanghai yimaomao textile Chongqing Co., Ltd., which had been shut down for a long time The gold is about 2.46 million yuan.

    Due to the non current investment of Baoji Co., Ltd., the loss was mainly caused by the non current investment of Baoji Company Limited of about RMB 1.846 million.

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