Wanxiang Doneed Co.,Ltd.’s Net Profit Dropped 43% in First Three Quarters of 2021

Wanxiang Doneed Co.,Ltd. (万向德农股份有限公司) (600371.SH) reported a net profit of 26.3 million yuan in the first three quarters of 2021, down 43% year-on-year.

Meanwhile, the company posted 155.4 million yuan in revenue, down 5.6% year-on-year.

At the end of the reporting period, it had 759.9 million yuan in total assets and 192.5 million yuan in total liabilities, with a liability-to-asset ratio of 25.3%.

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

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