Red Avenue New Materials Group Co.,Ltd.’s Net Profit Rose 24.5% in First Half of 2021

Red Avenue New Materials Group Co.,Ltd. (彤程新材料集团股份有限公司) (603650.SH) reported a net profit of 232.4 million yuan in the first half of 2021, up 24.5% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 24.3% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 53.7%.

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

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