Saic Motor Corporation Limited’s Net Profit Rose 73.3% in First Half of 2021

Saic Motor Corporation Limited (上海汽车集团股份有限公司) (600104.SH) reported a net profit of 19 billion yuan in the first half of 2021, up 73.3% year-on-year.

Meanwhile, the company posted 356.6 billion yuan in revenue, up 29% year-on-year.

At the end of the reporting period, it had 883.5 billion yuan in total assets and 554.2 billion yuan in total liabilities, with a liability-to-asset ratio of 62.7%.

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

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