Caixin
Aug 22, 2021 08:00 AM

Sec Electric Machinery Co.,Ltd.’s Net Profit Dropped 74.1% in First Half of 2021

Sec Electric Machinery Co.,Ltd. (中电电机股份有限公司) (603988.SH) reported a net profit of 49.4 million yuan in the first half of 2021, down 74.1% year-on-year.

Meanwhile, the company posted 349.3 million yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 457.6 million yuan in total liabilities, with a liability-to-asset ratio of 43.2%.

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.

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 Stories: The Rural Hardship Behind the Mine Murders That Shocked China
00:00
00:00/00:00