Shanxi Taigang Stainless Steel Co.,Ltd.’s Net Profit Rose 544.9% in First Three Quarters of 2021

Shanxi Taigang Stainless Steel Co.,Ltd. (山西太钢不锈钢股份有限公司) (000825.SZ) reported a net profit of 6.8 billion yuan in the first three quarters of 2021, up 544.9% year-on-year.

Meanwhile, the company posted 74.7 billion yuan in revenue, up 54.7% year-on-year.

At the end of the reporting period, it had 71.9 billion yuan in total assets and 32.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.1%.

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

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