Sinotruk Jinan Truck Co.,Ltd.’s Net Profit Dropped 3.8% in First Three Quarters of 2021

Sinotruk Jinan Truck Co.,Ltd. (中国重汽集团济南卡车股份有限公司) (000951.SZ) reported a net profit of 1.7 billion yuan in the first three quarters of 2021, down 3.8% year-on-year.

Meanwhile, the company posted 48.9 billion yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 39.3 billion yuan in total assets and 24.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61.9%.

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

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