Caixin
Aug 14, 2021 08:00 AM

Hiecise Precision Equipment Co.,Ltd. Posted 66.1 Million Yuan Net Profit in First Half of 2021

Hiecise Precision Equipment Co.,Ltd. (华辰精密装备(昆山)股份有限公司) (300809.SZ) reported a net profit of 66.1 million yuan in the first half of 2021, reversing a net loss of 9.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 251.2 million yuan in revenue, up 503.5% year-on-year.

At the end of the reporting period, it had 1.9 billion yuan in total assets and 425.8 million yuan in total liabilities, with a liability-to-asset ratio of 23%.

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

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
China Business Uncovered Podcast: Inside the Fall of ‘China’s LVMH’
00:00
00:00/00:00