Changhong Meiling Co.,Ltd. Posted 87.9 Million Yuan Net Profit in First Three Quarters of 2021

Changhong Meiling Co.,Ltd. (长虹美菱股份有限公司) (000521.SZ) reported a net profit of 87.9 million yuan in the first three quarters of 2021, reversing a net loss of 125.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 13.9 billion yuan in revenue, up 22.5% year-on-year.

At the end of the reporting period, it had 15.7 billion yuan in total assets and 10.7 billion yuan in total liabilities, with a liability-to-asset ratio of 68.1%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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