Ningbo Marine Company Limited’s Net Profit Rose 629.5% in First Half of 2021

Ningbo Marine Company Limited (宁波海运股份有限公司) (600798.SH) reported a net profit of 187.3 million yuan in the first half of 2021, up 629.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 21.5% year-on-year.

At the end of the reporting period, it had 7 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 30.5%.

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.