Shandong Mining Machinery Group Co.,Ltd.’s Net Profit Dropped 31.8% in First Three Quarters of 2021

Shandong Mining Machinery Group Co.,Ltd. (山东矿机集团股份有限公司) (002526.SZ) reported a net profit of 136.1 million yuan in the first three quarters of 2021, down 31.8% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 4.8% year-on-year.

At the end of the reporting period, it had 3.8 billion yuan in total assets and 915.5 million yuan in total liabilities, with a liability-to-asset ratio of 24%.

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

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