Duolun Technology Corporation Ltd.’s Net Profit Dropped 66.9% in First Three Quarters of 2021

Duolun Technology Corporation Ltd. (多伦科技股份有限公司) (603528.SH) reported a net profit of 19.5 million yuan in the first three quarters of 2021, down 66.9% year-on-year.

Meanwhile, the company posted 578.1 million yuan in revenue, up 50.4% year-on-year.

At the end of the reporting period, it had 3.1 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.

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

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