Difficulties piled up, Mai Linh accumulated a loss of 1,482 billion dong
In 2021, Mai Linh Group continues to report a loss of more than 271.5 billion VND, bringing the total accumulated loss calculated by this traditional taxi company to nearly 1,482 billion VND.
Mai Linh Group Joint Stock Company (MLG) just announced the consolidated financial statements for 2021 with revenue of 1,064 billion dong, down 32% compared to 2020. Cost of goods sold decreased by 24%, to 974.4 billion dong, pulling gross profit margin down by 70%. the remaining 89.7 billion.
Financial income decreased by 19% to 32.6 billion dong; Selling expenses decreased by 29% to 80.3 billion VND, and administrative expenses decreased by 15.5% to 292.5 billion VND. Other profit increased 17% to 103 billion dong.
Source: Mai Linh’s financial report.
At the end of 2020, Mai Linh reported a loss of 271.5 billion dong. Thus, as of December 31, 2021, the total accumulated loss for this traditional taxi company is up to 1,481.5 billion VND.
As of December 31, 2020, Mai Linh’s total assets are more than VND 4,199 billion, down 6.3%% compared to the beginning of the year. In which, short-term receivables was recorded at VND 1,545 billion, up 7% mainly due to changes in other receivables and provision for short-term bad debts.
Liabilities at this time recorded nearly 4,197 billion dong, down nearly 3%. In which, short-term debt is 2,836 billion dong, accounting for mainly short-term debt and finance lease with 1,035 billion dong; long-term debt to 1,361 billion dong, including debt and long-term finance lease of more than 445 billion dong.
at Blogtuan.info – Source: danviet.vn – Read the original article here
