Jiangsu Changbao Steeltube Co.,Ltd.’s Net Profit Dropped 55.6% in First Half of 2021

Jiangsu Changbao Steeltube Co.,Ltd. (江苏常宝钢管股份有限公司) (002478.SZ) reported a net profit of 103.3 million yuan in the first half of 2021, down 55.6% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 0.7% year-on-year.

At the end of the reporting period, it had 6.7 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 34.3%.

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

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