Jul 30, 2021 08:00 AM

Ningbo Orient Wires&Cables Co.,Ltd.’s Net Profit Rose 74.4% in First Half of 2021

Ningbo Orient Wires&Cables Co.,Ltd. (宁波东方电缆股份有限公司) (603606.SH) reported a net profit of 637 million yuan in the first half of 2021, up 74.4% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 59.6% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 48.4%.

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

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