Ming Yang Smart Energy Group Limited’s Net Profit Rose 130.2% in First Three Quarters of 2021

Ming Yang Smart Energy Group Limited (明阳智慧能源集团股份公司) (601615.SH) reported a net profit of 2.1 billion yuan in the first three quarters of 2021, up 130.2% year-on-year.

Meanwhile, the company posted 18.4 billion yuan in revenue, up 21.8% year-on-year.

At the end of the reporting period, it had 58.1 billion yuan in total assets and 40.5 billion yuan in total liabilities, with a liability-to-asset ratio of 69.7%.

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

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