Caixin
Aug 31, 2021 08:00 AM

Guangzhou Grandbuy Co.,Ltd. Posted 65.5 Million Yuan Net Profit in First Half of 2021

Guangzhou Grandbuy Co.,Ltd. (广州市广百股份有限公司) (002187.SZ) reported a net profit of 65.5 million yuan in the first half of 2021, reversing a net loss of 23.5 million yuan for the same period in the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 84.7% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 42.5%.

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.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription