Xinlong Holding(Group) Co.,Ltd.’s Net Profit Dropped 97.1% in First Half of 2021

Xinlong Holding(Group) Co.,Ltd. (欣龙控股(集团)股份有限公司) (000955.SZ) reported a net profit of 6.7 million yuan in the first half of 2021, down 97.1% year-on-year.

Meanwhile, the company posted 501.8 million yuan in revenue, down 36.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 341.3 million yuan in total liabilities, with a liability-to-asset ratio of 27.2%.

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