Weihai Huadong Automation Co.,Ltd. Posted 7.7 Million Yuan Net Profit in First Three Quarters of 2021

Weihai Huadong Automation Co.,Ltd. (威海华东数控股份有限公司) (002248.SZ) reported a net profit of 7.7 million yuan in the first three quarters of 2021, reversing a net loss of 90.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 233.4 million yuan in revenue, up 49.4% year-on-year.

At the end of the reporting period, it had 496.7 million yuan in total assets and 438.1 million yuan in total liabilities, with a liability-to-asset ratio of 88.2%.

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

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