Ningbo Gaofa Automotive Control System Co.,Ltd.’s Net Profit Dropped 3.3% in First Three Quarters of 2021

Ningbo Gaofa Automotive Control System Co.,Ltd. (宁波高发汽车控制系统股份有限公司) (603788.SH) reported a net profit of 130.3 million yuan in the first three quarters of 2021, down 3.3% year-on-year.

Meanwhile, the company posted 699.7 million yuan in revenue, up 12.2% year-on-year.

At the end of the reporting period, it had 2.2 billion yuan in total assets and 287.2 million yuan in total liabilities, with a liability-to-asset ratio of 13.1%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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