Jinxi Axle Company Limited Posted 87.3 Million Yuan Net Loss in First Three Quarters of 2021

Jinxi Axle Company Limited (晋西车轴股份有限公司) (600495.SH) reported a net loss of 87.3 million yuan in the first three quarters of 2021, reversing a net profit of 23.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 422.9 million yuan in revenue, down 45.8% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 579.5 million yuan in total liabilities, with a liability-to-asset ratio of 15.6%.

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

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