Tecnon(Fujian) Commercial Lighting Co.,Ltd. Posted 76.8 Million Yuan Net Profit in First Half of 2021

Tecnon(Fujian) Commercial Lighting Co.,Ltd. (太龙(福建)商业照明股份有限公司) (300650.SZ) reported a net profit of 76.8 million yuan in the first half of 2021, reversing a net loss of 2 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 2015.2% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 68.8%.

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.