Xinhu Zhongbao Co.,Ltd.’s Net Profit Dropped 30.6% in First Three Quarters of 2021

Xinhu Zhongbao Co.,Ltd. (新湖中宝股份有限公司) (600208.SH) reported a net profit of 2 billion yuan in the first three quarters of 2021, down 30.6% year-on-year.
Meanwhile, the company posted 9 billion yuan in revenue, up 12% year-on-year.
At the end of the reporting period, it had 133.6 billion yuan in total assets and 93 billion yuan in total liabilities, with a liability-to-asset ratio of 69.6%.
This article was automatically produced by Caixin Automation on Nov. 3, 2021.
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