Crrc Corporation Limited’s Net Profit Dropped 6.3% in First Three Quarters of 2021

Crrc Corporation Limited (中国中车股份有限公司) (601766.SH) reported a net profit of 7.8 billion yuan in the first three quarters of 2021, down 6.3% year-on-year.

Meanwhile, the company posted 144.5 billion yuan in revenue, down 0.9% year-on-year.

At the end of the reporting period, it had 447.4 billion yuan in total assets and 268.3 billion yuan in total liabilities, with a liability-to-asset ratio of 60%.

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

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