Jiangsu Guomao Reducer Co.,Ltd.’s Net Profit Rose 45.6% in First Three Quarters of 2021

Jiangsu Guomao Reducer Co.,Ltd. (江苏国茂减速机股份有限公司) (603915.SH) reported a net profit of 345.6 million yuan in the first three quarters of 2021, up 45.6% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 44% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 39.5%.

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

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