Loncin Motor Co.,Ltd.’s Net Profit Rose 54.9% in First Three Quarters of 2021
Loncin Motor Co.,Ltd. (隆鑫通用动力股份有限公司) (603766.SH) reported a net profit of 713.2 million yuan in the first three quarters of 2021, up 54.9% year-on-year.
Meanwhile, the company posted 9.3 billion yuan in revenue, up 30.6% year-on-year.
At the end of the reporting period, it had 13.3 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 39.4%.
This article was automatically produced by Caixin Automation on Nov. 3, 2021.
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