China Satellite Communications Co.,Ltd.’s Net Profit Rose 27% in First Half of 2021

China Satellite Communications Co.,Ltd. (中国卫通集团股份有限公司) (601698.SH) reported a net profit of 322.2 million yuan in the first half of 2021, up 27% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 1.9% year-on-year.

At the end of the reporting period, it had 18.4 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 15.5%.

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

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