Nov 02, 2021 08:00 AM

China Satellite Communications Co.,Ltd.’s Net Profit Rose 10.8% in First Three Quarters of 2021

China Satellite Communications Co.,Ltd. (中国卫通集团股份有限公司) (601698.SH) reported a net profit of 483.5 million yuan in the first three quarters of 2021, up 10.8% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 18.8 billion yuan in total assets and 3.4 billion yuan in total liabilities, with a liability-to-asset ratio of 17.9%.

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

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