Guangzhou Zhiguang Electric Co.,Ltd.’s Net Profit Rose 3372.8% in First Half of 2021

Guangzhou Zhiguang Electric Co.,Ltd. (广州智光电气股份有限公司) (002169.SZ) reported a net profit of 709.1 million yuan in the first half of 2021, up 3372.8% year-on-year.

Meanwhile, the company posted 881.5 million yuan in revenue, down 2.2% year-on-year.

At the end of the reporting period, it had 6.4 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 39.5%.

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.