Shanghai Xinnanyang Only Education&Technology Co.,Ltd. Posted 184.8 Million Yuan Net Profit in First Half of 2021

Shanghai Xinnanyang Only Education&Technology Co.,Ltd. (上海新南洋昂立教育科技股份有限公司) (600661.SH) reported a net profit of 184.8 million yuan in the first half of 2021, reversing a net loss of 119.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 901.7 million yuan in revenue, up 14.8% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 77.7%.

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

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