Xinxiang Chemical Fiber Co.,Ltd.’s Net Profit Rose 2491.1% in First Half of 2021

Xinxiang Chemical Fiber Co.,Ltd. (新乡化纤股份有限公司) (000949.SZ) reported a net profit of 737.6 million yuan in the first half of 2021, up 2491.1% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 124.2% year-on-year.

At the end of the reporting period, it had 11 billion yuan in total assets and 5.4 billion yuan in total liabilities, with a liability-to-asset ratio of 49.2%.

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

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