Nanning Baling Technology Co.,Ltd. Posted 211.6 Million Yuan Net Profit in First Three Quarters of 2021

Nanning Baling Technology Co.,Ltd. (南宁八菱科技股份有限公司) (002592.SZ) reported a net profit of 211.6 million yuan in the first three quarters of 2021, reversing a net loss of 8.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 431.1 million yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 1.5 billion yuan in total assets and 496.4 million yuan in total liabilities, with a liability-to-asset ratio of 33.8%.

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

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