Xiamen King Long Motor Group Co.,Ltd. Posted 385.5 Million Yuan Net Loss in First Three Quarters of 2021

Xiamen King Long Motor Group Co.,Ltd. (厦门金龙汽车集团股份有限公司) (600686.SH) reported a net loss of 385.5 million yuan in the first three quarters of 2021, widening 36.9% year-on-year.

Meanwhile, the company posted 9.9 billion yuan in revenue, up 16.2% year-on-year.

At the end of the reporting period, it had 24.4 billion yuan in total assets and 18.9 billion yuan in total liabilities, with a liability-to-asset ratio of 77.5%.

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

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