With Salmon Market Depression, Joyvio Suffers From Greater Losses in Spite of Higher Revenues
Joyvio, a subsidiary of Lenovo Group, has earned a revenue of 2,040,025,619.14 yuan in the first half of the year, which has ballooned by 123.79% compared with the same period last year. And this greater revenue is said to mainly result from its acquisition of Australis Seafoods.
However, its net loss attributable to shareholders has increased from the previous 28,673,810.35 yuan to the current 259,808,286.43 yuan, under the influence of this year’s coronavirus. During the pandemic, restaurant demand for...Full Story »