Nanjing Develop Advanced Manufacturing Co.,Ltd.’s Net Profit Dropped 68.7% in First Half of 2021

Nanjing Develop Advanced Manufacturing Co.,Ltd. (南京迪威尔高端制造股份有限公司) (688377.SH) reported a net profit of 18 million yuan in the first half of 2021, down 68.7% year-on-year.

Meanwhile, the company posted 248.6 million yuan in revenue, down 36.7% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 337.7 million yuan in total liabilities, with a liability-to-asset ratio of 18.3%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.