Guangxi Nanning Waterworks Company Limited.’s Net Profit Dropped 30% in First Half of 2021

Guangxi Nanning Waterworks Company Limited. (广西绿城水务股份有限公司) (601368.SH) reported a net profit of 81 million yuan in the first half of 2021, down 30% year-on-year.

Meanwhile, the company posted 804.7 million yuan in revenue, up 18% year-on-year.

At the end of the reporting period, it had 16.2 billion yuan in total assets and 11.8 billion yuan in total liabilities, with a liability-to-asset ratio of 73%.

This article was automatically produced by Caixin Automation on Sept. 1, 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.