Guangzhou Fangbang Electronics Co.,Ltd.’s Net Profit Dropped 65.4% in 2021

Guangzhou Fangbang Electronics Co.,Ltd. (广州方邦电子股份有限公司) (688020.SH) reported a net profit of 43.4 million yuan in 2021, down 65.4% year-on-year.

Meanwhile, the company posted 286.4 million yuan in revenue, down 0.8% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 290.5 million yuan in total liabilities, with a liability-to-asset ratio of 15.1%.

This article was automatically produced by Caixin Automation on Feb. 22, 2022.

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