Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd.’s Net Profit Dropped 52.5% in First Three Quarters of 2021

Harbin Electric Corporation Jiamusi Electric Machine Co.,Ltd. (哈尔滨电气集团佳木斯电机股份有限公司) (000922.SZ) reported a net profit of 185.4 million yuan in the first three quarters of 2021, down 52.5% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 25.1% year-on-year.

At the end of the reporting period, it had 5.2 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.

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

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