Guangzhou Fangbang Electronics Co.,Ltd.’s Net Profit Dropped 48.3% in First Three Quarters of 2021

Guangzhou Fangbang Electronics Co.,Ltd. (广州方邦电子股份有限公司) (688020.SH) reported a net profit of 51.6 million yuan in the first three quarters of 2021, down 48.3% year-on-year.

Meanwhile, the company posted 184.9 million yuan in revenue, down 13.8% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 136.2 million yuan in total liabilities, with a liability-to-asset ratio of 7.7%.

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

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