Qingdao Tgood Electric Co.,Ltd. Posted 27.1 Million Yuan Net Loss in First Half of 2021

Qingdao Tgood Electric Co.,Ltd. (青岛特锐德电气股份有限公司) (300001.SZ) reported a net loss of 27.1 million yuan in the first half of 2021, narrowing 18.9% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 28.1% year-on-year.

At the end of the reporting period, it had 18 billion yuan in total assets and 11.2 billion yuan in total liabilities, with a liability-to-asset ratio of 62%.

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.