Caixin
Oct 29, 2021 08:00 AM

Wetown Electric Group Co.,Ltd.’s Net Profit Rose 63.9% in First Three Quarters of 2021

Wetown Electric Group Co.,Ltd. (威腾电气集团股份有限公司) (688226.SH) reported a net profit of 45.8 million yuan in the first three quarters of 2021, up 63.9% year-on-year.

Meanwhile, the company posted 919.9 million yuan in revenue, up 47.2% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 553.1 million yuan in total liabilities, with a liability-to-asset ratio of 38.6%.

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

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