China Shipbuilding Industry Company Limited’s Net Profit Rose 269.2% in First Half of 2021

China Shipbuilding Industry Company Limited (中国船舶重工股份有限公司) (601989.SH) reported a net profit of 154.8 million yuan in the first half of 2021, up 269.2% year-on-year.

Meanwhile, the company posted 16.2 billion yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 174.8 billion yuan in total assets and 88.6 billion yuan in total liabilities, with a liability-to-asset ratio of 50.7%.

This article was automatically produced by Caixin Automation on Sept. 1, 2021.

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