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.

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