Minmetals Development Co.,Ltd.’s Net Profit Rose 45.9% in First Three Quarters of 2021

Minmetals Development Co.,Ltd. (五矿发展股份有限公司) (600058.SH) reported a net profit of 358.7 million yuan in the first three quarters of 2021, up 45.9% year-on-year.

Meanwhile, the company posted 66 billion yuan in revenue, up 35.1% year-on-year.

At the end of the reporting period, it had 34.6 billion yuan in total assets and 27.4 billion yuan in total liabilities, with a liability-to-asset ratio of 79.3%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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