Ningbo Shanshan Co.,Ltd. Posted 358.6 Million Yuan Net Profit in First Quarter of 2021

Ningbo Shanshan Co.,Ltd. (600884.SH) reported a net profit of 358.6 million yuan in the first quarter of 2021, reversing a net loss of 94.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 4 billion yuan in revenue, up 227.2% year-on-year.

At the end of the reporting period, it had 34.6 billion yuan in total assets and 20.4 billion yuan in total liabilities, with a liability-to-asset ratio of 59.1%.

This article was automatically produced by Caixin Automation on May 6, 2021.

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