Caixin
Oct 28, 2021 08:00 AM

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. Posted 8.4 Million Yuan Net Loss in First Three Quarters of 2021

Guangzhou Tech-Long Packaging Machinery Co.,Ltd. (广州达意隆包装机械股份有限公司) (002209.SZ) reported a net loss of 8.4 million yuan in the first three quarters of 2021, reversing a net profit of 23.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 796.7 million yuan in revenue, up 33.9% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.5%.

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

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