Jul 27, 2021 08:00 AM

Beiqi Foton Motor Co.,Ltd.’s Net Profit Rose 254% in First Half of 2021

Beiqi Foton Motor Co.,Ltd. (北汽福田汽车股份有限公司) (600166.SH) reported a net profit of 602.1 million yuan in the first half of 2021, up 254% year-on-year.

Meanwhile, the company posted 31.9 billion yuan in revenue, up 17.3% year-on-year.

At the end of the reporting period, it had 54.4 billion yuan in total assets and 38.4 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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