Qingdao Kingking Applied Chemistry Co.,Ltd. Posted 29.4 Million Yuan Net Profit in First Three Quarters of 2021

Qingdao Kingking Applied Chemistry Co.,Ltd. (青岛金王应用化学股份有限公司) (002094.SZ) reported a net profit of 29.4 million yuan in the first three quarters of 2021, reversing a net loss of 98.1 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.7 billion yuan in revenue, down 14% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.

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

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