Anhui Ankai Automobile Co.,Ltd. Posted 105.2 Million Yuan Net Loss in First Three Quarters of 2021

Anhui Ankai Automobile Co.,Ltd. (安徽安凯汽车股份有限公司) (000868.SZ) reported a net loss of 105.2 million yuan in the first three quarters of 2021, reversing a net profit of 250.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 27.4% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 87.2%.

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

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