Wanxiang Doneed Co.,Ltd.’s Net Profit Dropped 49.5% in First Half of 2021

Wanxiang Doneed Co.,Ltd. (万向德农股份有限公司) (600371.SH) reported a net profit of 19.9 million yuan in the first half of 2021, down 49.5% year-on-year.

Meanwhile, the company posted 120.5 million yuan in revenue, down 4.1% year-on-year.

At the end of the reporting period, it had 687.1 million yuan in total assets and 126 million yuan in total liabilities, with a liability-to-asset ratio of 18.3%.

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

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