Shanghai Mechanical And Electrical Industry Co.,Ltd.’s Net Profit Rose 2.2% in First Three Quarters of 2021

Shanghai Mechanical And Electrical Industry Co.,Ltd. (上海机电股份有限公司) (600835.SH) reported a net profit of 1.5 billion yuan in the first three quarters of 2021, up 2.2% year-on-year.

Meanwhile, the company posted 18.2 billion yuan in revenue, up 6.5% year-on-year.

At the end of the reporting period, it had 38.7 billion yuan in total assets and 23.7 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.

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

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