Ningbo Water Meter Co.,Ltd.’s Net Profit Dropped 10% in First Three Quarters of 2021

Ningbo Water Meter Co.,Ltd. (宁波水表(集团)股份有限公司) (603700.SH) reported a net profit of 163.9 million yuan in the first three quarters of 2021, down 10% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 10.7% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 585.5 million yuan in total liabilities, with a liability-to-asset ratio of 27.6%.

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

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