China Shipbuilding Industry Company Limited Posted 19.5 Million Yuan Net Profit in First Three Quarters of 2021

China Shipbuilding Industry Company Limited (中国船舶重工股份有限公司) (601989.SH) reported a net profit of 19.5 million yuan in the first three quarters of 2021, reversing a net loss of 113.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 24.8 billion yuan in revenue, up 0.3% year-on-year.

At the end of the reporting period, it had 184.8 billion yuan in total assets and 98.6 billion yuan in total liabilities, with a liability-to-asset ratio of 53.4%.

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

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