Xiamen Tungsten Co.,Ltd.’s Net Profit Rose 129.9% in First Three Quarters of 2021

Xiamen Tungsten Co.,Ltd. (厦门钨业股份有限公司) (600549.SH) reported a net profit of 1.4 billion yuan in the first three quarters of 2021, up 129.9% year-on-year.

Meanwhile, the company posted 22.2 billion yuan in revenue, up 73% year-on-year.

At the end of the reporting period, it had 30.6 billion yuan in total assets and 18.1 billion yuan in total liabilities, with a liability-to-asset ratio of 59.3%.

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

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