Kangxin New Materials Co.,Ltd. Posted 67.9 Million Yuan Net Profit in First Half of 2021

Kangxin New Materials Co.,Ltd. (康欣新材料股份有限公司) (600076.SH) reported a net profit of 67.9 million yuan in the first half of 2021, reversing a net loss of 54.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 759.3 million yuan in revenue, up 68.9% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 34.7%.

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

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