Shanxi Taigang Stainless Steel Co.,Ltd.’s Net Profit Rose 726.5% in First Half of 2021

Shanxi Taigang Stainless Steel Co.,Ltd. (山西太钢不锈钢股份有限公司) (000825.SZ) reported a net profit of 4.7 billion yuan in the first half of 2021, up 726.5% year-on-year.

Meanwhile, the company posted 47.3 billion yuan in revenue, up 43.9% year-on-year.

At the end of the reporting period, it had 72.9 billion yuan in total assets and 35.5 billion yuan in total liabilities, with a liability-to-asset ratio of 48.7%.

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

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