Hangzhou Nbond Nonwovens Co.,Ltd.’s Net Profit Dropped 46.6% in First Half of 2021

Hangzhou Nbond Nonwovens Co.,Ltd. (杭州诺邦无纺股份有限公司) (603238.SH) reported a net profit of 92.4 million yuan in the first half of 2021, down 46.6% year-on-year.

Meanwhile, the company posted 800.6 million yuan in revenue, down 9.2% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 906.9 million yuan in total liabilities, with a liability-to-asset ratio of 39.2%.

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.