Shenwu Energy Saving Co.,Ltd. Posted 2 Billion Yuan Net Profit in First Three Quarters of 2021

Shenwu Energy Saving Co.,Ltd. (神雾节能股份有限公司) (000820.SZ) reported a net profit of 2 billion yuan in the first three quarters of 2021, reversing a net loss of 181.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.5 million yuan in revenue, down 56.3% year-on-year.

At the end of the reporting period, it had 217.5 million yuan in total assets and 114.9 million yuan in total liabilities, with a liability-to-asset ratio of 52.8%.

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

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.