Ningbo Gaofa Automotive Control System Co.,Ltd.’s Net Profit Rose 7.7% in First Half of 2021

Ningbo Gaofa Automotive Control System Co.,Ltd. (宁波高发汽车控制系统股份有限公司) (603788.SH) reported a net profit of 91 million yuan in the first half of 2021, up 7.7% year-on-year.

Meanwhile, the company posted 472.1 million yuan in revenue, up 20.5% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 295.3 million yuan in total liabilities, with a liability-to-asset ratio of 13.7%.

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

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