Yurun Food facing desperate performance huge loss into 9 super debt expires at the end of the xhero

Yurun Food facing "desperate"   performance huge loss into 9 super debt expires at the end of the year — financial people.com.cn — much industry attention Chinese Yurun Food Group Co. Ltd. (hereinafter referred to as the "food") officially announced the day before the news. Reported that the first half of 2016 operating income of HK $8 billion 987 million, down 6.23%; net loss of HK $672 million. Just a wave, a wave will rise. Through bank loans just against maturing bonds Yurun Food 6 billion 600 million yuan of debt, once again faced pressure. The first half loss of HK $672 million Yurun Food report shows that 2016 operating income of HK $8 billion 987 million during the first half of the year, down 6.23%; net profit loss of HK $672 million, a loss of HK $724 million to HK $52 million compared to the same period last year reduced losses, losses of 7.1%. Specifically, in addition to cold meat sales growth of 4%, Yurun Food hog slaughter and meat processing revenues fell sharply. In addition, Yurun Food low-temperature meat products total revenue of HK $1 billion 2 million, compared with the same period last year decreased by 16.6%. However, for the poor record, Yurun Food did not specify the reason for the loss in the announcement. That is, after the emergence of the principal and interest of nearly 1 billion 200 million yuan medium-term notes and interest of nearly 600 million yuan of short-term financing bonds cashing crisis has ceased to exist. However, this does not mean that a good day Yurun Food ever "no debt". The report shows that the first half of Yurun Food outstanding bank and other loans and finance lease liabilities of HK $7 billion 138 million, of which $6 billion 600 million debt will expire at the end of this year, which means that the 90% super debt expires at the end of the year. In fact, Yurun Food has long been the financial distress. "We keep track of Nanjing Yurun, was August 2015 to add II warning of enterprise credit risk investigation list, and in March 2016 will be transferred to the I class enterprise early warning." Debt credit rating business department Liu Yanan admitted in the report. And Yurun 2015 annual report, the company achieved revenue of HK $20 billion 165 million, a loss of HK $2 billion 980 million. Nanjing Yurun 2016 first quarter consolidated revenue of 3 billion 142 million yuan, with a loss of 92 million yuan. "Yurun Food is now in" rob Peter to pay Paul ‘, although it is still in production, mostly for the support of the local government. Let the huge debt pressure has been too busy to attend to all 1 billion 200 million yuan medium-term notes previously, and nearly 600 million yuan of short-term financing bonds are at the last minute can barely honour, thanks to the bank xudai." A long-term concern Yurun Food industry insiders said. He said, in the coordination of the Jiangsu provincial government, Nanjing Yurun the underwriters to Chinese bank in a piece of land in Xuzhou to the bank mortgage, loans, liquidity support. The reporter combing the report found that with the ticket and short-term financing bonds column both "zero" is different from the first half of Yurun Food owe the bank and other loans, from the beginning of the 4 billion 770 million yuan, soared to 6 billion 670 million yuan. Within half a year of net bank loan)相关的主题文章: