Jiangling Motors Co.,Ltd.’s Net Profit Rose 95% in First Half of 2021

Jiangling Motors Co.,Ltd. (江铃汽车股份有限公司) (000550.SZ) reported a net profit of 405.2 million yuan in the first half of 2021, up 95% year-on-year.

Meanwhile, the company posted 17.7 billion yuan in revenue, up 25.6% year-on-year.

At the end of the reporting period, it had 28.4 billion yuan in total assets and 20 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.

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

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