Hua Yuan Property Co.,Ltd.’s Net Profit Dropped 92.6% in First Three Quarters of 2021

Hua Yuan Property Co.,Ltd. (华远地产股份有限公司) (600743.SH) reported a net profit of 20.6 million yuan in the first three quarters of 2021, down 92.6% year-on-year.

Meanwhile, the company posted 5.5 billion yuan in revenue, up 98.5% year-on-year.

At the end of the reporting period, it had 63.4 billion yuan in total assets and 52.8 billion yuan in total liabilities, with a liability-to-asset ratio of 83.2%.

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

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