Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd.’s Net Profit Dropped 25.6% in First Half of 2021

Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd. (哈尔滨电气集团佳木斯电机股份有限公司) (000922.SZ) reported a net profit of 136.6 million yuan in the first half of 2021, down 25.6% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 19.9% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 47.2%.

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.