Zhejiang Yangfan New Materials Co.,Ltd.’s Net Profit Dropped 49.4% in First Half of 2021

Zhejiang Yangfan New Materials Co.,Ltd. (浙江扬帆新材料股份有限公司) (300637.SZ) reported a net profit of 9.5 million yuan in the first half of 2021, down 49.4% year-on-year.

Meanwhile, the company posted 317.3 million yuan in revenue, up 43% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 558.9 million yuan in total liabilities, with a liability-to-asset ratio of 42.3%.

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

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