Qinchuan Machine Tool&Tool Group Share Co.,Ltd.’s Net Profit Rose 223.3% in First Half of 2021

Qinchuan Machine Tool&Tool Group Share Co.,Ltd. (秦川机床工具集团股份公司) (000837.SZ) reported a net profit of 234.8 million yuan in the first half of 2021, up 223.3% year-on-year.

Meanwhile, the company posted 3 billion yuan in revenue, up 64.5% year-on-year.

At the end of the reporting period, it had 7.1 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.9%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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