Jihua Group Corporation Limited’s Net Profit Dropped 96.5% in First Three Quarters of 2021

Jihua Group Corporation Limited (际华集团股份有限公司) (601718.SH) reported a net profit of 1.1 million yuan in the first three quarters of 2021, down 96.5% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, up 6.6% year-on-year.

At the end of the reporting period, it had 28.9 billion yuan in total assets and 11.7 billion yuan in total liabilities, with a liability-to-asset ratio of 40.5%.

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

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