Shanghai M&G Stationery Inc.’s Net Profit Rose 25.1% in First Three Quarters of 2021

Shanghai M&G Stationery Inc. (上海晨光文具股份有限公司) (603899.SH) reported a net profit of 1.1 billion yuan in the first three quarters of 2021, up 25.1% year-on-year.

Meanwhile, the company posted 12.2 billion yuan in revenue, up 42.3% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 4.1 billion yuan in total liabilities, with a liability-to-asset ratio of 40.5%.

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

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