Guangzhou Tongda Auto Electric Co.,Ltd.’s Net Profit Dropped 52.1% in First Three Quarters of 2021

Guangzhou Tongda Auto Electric Co.,Ltd. (广州通达汽车电气股份有限公司) (603390.SH) reported a net profit of 9.1 million yuan in the first three quarters of 2021, down 52.1% year-on-year.

Meanwhile, the company posted 333.3 million yuan in revenue, down 12.5% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 352.8 million yuan in total liabilities, with a liability-to-asset ratio of 17%.

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

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