Y.U.D.Yangtze River Investment Industry Co.Ltd(600119) : an advance loss of 20 million yuan to 40 million yuan in 2021

Y.U.D.Yangtze River Investment Industry Co.Ltd(600119) on January 28, the announcement on the advance loss of annual performance in 2021 was disclosed. The company expects a net profit loss of about 20 million yuan to – 40 million yuan in 2021, with a year-on-year decrease in loss; Deduct non net profit loss of 64 million yuan to 84 million yuan.

In the same period of last year, the net profit loss of the company was 96.87 million yuan, deducting the non net profit loss of 111.5 million yuan.

The company said that the main reason for the current loss was that the operation of its subsidiary Shanghai Shihao International Logistics Co., Ltd. was less than expected, and there were signs of impairment in the goodwill formed by the company’s acquisition of Shihao International’s equity. At present, the evaluation is still in progress.

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