Aug 10, 2021 08:00 AM

Ningxia Baofeng Energy Group Co.,Ltd.’s Net Profit Rose 78.5% in First Half of 2021

Ningxia Baofeng Energy Group Co.,Ltd. (宁夏宝丰能源集团股份有限公司) (600989.SH) reported a net profit of 3.7 billion yuan in the first half of 2021, up 78.5% year-on-year.

Meanwhile, the company posted 10.5 billion yuan in revenue, up 39.2% year-on-year.

At the end of the reporting period, it had 40.8 billion yuan in total assets and 13.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.7%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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