Kingfa Sci.&Tech.Co.,Ltd.’s Net Profit Dropped 34.6% in First Half of 2021

Kingfa Sci.&Tech.Co.,Ltd. (金发科技股份有限公司) (600143.SH) reported a net profit of 1.6 billion yuan in the first half of 2021, down 34.6% year-on-year.
Meanwhile, the company posted 19.3 billion yuan in revenue, up 13.9% year-on-year.
At the end of the reporting period, it had 36.4 billion yuan in total assets and 21.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.6%.
This article was automatically produced by Caixin Automation on Sept. 1, 2021.
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