Guangzhou Hi-Target Navigation Tech Co.,Ltd.’s Net Profit Rose 112.2% in First Half of 2021

Guangzhou Hi-Target Navigation Tech Co.,Ltd. (广州中海达卫星导航技术股份有限公司) (300177.SZ) reported a net profit of 92 million yuan in the first half of 2021, up 112.2% year-on-year.

Meanwhile, the company posted 837 million yuan in revenue, up 51.5% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.2%.

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

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