Suzhou Hailu Heavy Industry Co.,Ltd.’s Net Profit Dropped 58.6% in First Three Quarters of 2021

Suzhou Hailu Heavy Industry Co.,Ltd. (苏州海陆重工股份有限公司) (002255.SZ) reported a net profit of 276.6 million yuan in the first three quarters of 2021, down 58.6% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 10.6% year-on-year.

At the end of the reporting period, it had 5.6 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44%.

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

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