Arctech Solar Holding Co.,Ltd.’s Net Profit Dropped 69.1% in First Half of 2021

Arctech Solar Holding Co.,Ltd. (江苏中信博新能源科技股份有限公司) (688408.SH) reported a net profit of 35.5 million yuan in the first half of 2021, down 69.1% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 44.3%.

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

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