Suzhou Victory Precision Manufacture Co.,Ltd. Posted 436.9 Million Yuan Net Profit in 2020

Suzhou Victory Precision Manufacture Co.,Ltd. (002426.SZ) reported a net profit of 436.9 million yuan in 2020, reversing a net loss of 3.1 billion yuan for the previous year.

Meanwhile, the company posted 9.6 billion yuan in revenue, down 29.7% year-on-year.

At the end of the reporting period, it had 11.2 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 59%.

This article was automatically produced by Caixin Automation on April 22, 2021.

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