Zhejiang Yinlun Machinery Co.,Ltd.’s Net Profit Dropped 8.7% in First Half of 2021

Zhejiang Yinlun Machinery Co.,Ltd. (浙江银轮机械股份有限公司) (002126.SZ) reported a net profit of 202.4 million yuan in the first half of 2021, down 8.7% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 34.7% year-on-year.

At the end of the reporting period, it had 11.6 billion yuan in total assets and 6.8 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.

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.