Jul 28, 2021 08:00 AM

Zhejiang Satellite Petro Chemical Co.,Ltd.’s Net Profit Rose 350% in First Half of 2021

Zhejiang Satellite Petro Chemical Co.,Ltd. (浙江卫星石化股份有限公司) (002648.SZ) reported a net profit of 2.1 billion yuan in the first half of 2021, up 350% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, up 125.7% year-on-year.

At the end of the reporting period, it had 43 billion yuan in total assets and 27.4 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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