Sichuan Changhong Electric Co.,Ltd. Posted 281.9 Million Yuan Net Profit in First Half of 2021

Sichuan Changhong Electric Co.,Ltd. (四川长虹电器股份有限公司) (600839.SH) reported a net profit of 281.9 million yuan in the first half of 2021, reversing a net loss of 333.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 49.2 billion yuan in revenue, up 29.4% year-on-year.

At the end of the reporting period, it had 80.4 billion yuan in total assets and 59 billion yuan in total liabilities, with a liability-to-asset ratio of 73.4%.

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

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