Shunfa Hengye Corporation’s Net Profit Dropped 58.8% in First Three Quarters of 2021

Shunfa Hengye Corporation (顺发恒业股份公司) (000631.SZ) reported a net profit of 87.7 million yuan in the first three quarters of 2021, down 58.8% year-on-year.

Meanwhile, the company posted 215.3 million yuan in revenue, down 62.2% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 29.4%.

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

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