Hangzhou Zhongheng Electric Co.,Ltd.’s Net Profit Dropped 22.4% in First Three Quarters of 2021
Hangzhou Zhongheng Electric Co.,Ltd. (杭州中恒电气股份有限公司) (002364.SZ) reported a net profit of 72.1 million yuan in the first three quarters of 2021, down 22.4% year-on-year.
Meanwhile, the company posted 1.1 billion yuan in revenue, up 34.5% year-on-year.
At the end of the reporting period, it had 3.2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 30.1%.
This article was automatically produced by Caixin Automation on Nov. 3, 2021.
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