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Tat Hong Equipment Service Co., Ltd. Announces First Annual Results after Listing
Net Profit Rose by 32% to RMB101.2 million in FY2021
HONG KONG, Jun 28, 2021 - (ACN Newswire) - Tat Hong Equipment Service Co., Ltd. ( Tat Hong or the Company , together with its subsidiaries, the Group ) (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its annual results for the year ended 31 March 2021 ( FY2021 or the Year ).
Results Highlights: Gross profit margin improved to 34.5% Net profit rose by 32% to RMB101.2 million with net profit margin increased to 12.8% EBITDA increased 4.6% to RMB394.7 million attaining EBITDA margin of 49.8%