Shunfa Hengye Corporation’s Net Profit Dropped 71.3% in First Half of 2021

Shunfa Hengye Corporation (顺发恒业股份公司) (000631.SZ) reported a net profit of 44.6 million yuan in the first half of 2021, down 71.3% year-on-year.

Meanwhile, the company posted 120.6 million yuan in revenue, down 69.7% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 28.6%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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