Zhongshan Broad-Ocean Motor Co.,Ltd.’s Net Profit Rose 97.2% in First Three Quarters of 2021

Zhongshan Broad-Ocean Motor Co.,Ltd. (中山大洋电机股份有限公司) (002249.SZ) reported a net profit of 384.2 million yuan in the first three quarters of 2021, up 97.2% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, up 32.1% year-on-year.

At the end of the reporting period, it had 14.7 billion yuan in total assets and 6.4 billion yuan in total liabilities, with a liability-to-asset ratio of 43.2%.

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

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