Sep 02, 2021 08:00 AM

Chongqing Iron&Steel Company Limited’s Net Profit Rose 2122.4% in First Half of 2021

Chongqing Iron&Steel Company Limited (重庆钢铁股份有限公司) (601005.SH) reported a net profit of 2.7 billion yuan in the first half of 2021, up 2122.4% year-on-year.

Meanwhile, the company posted 22.7 billion yuan in revenue, up 107.5% year-on-year.

At the end of the reporting period, it had 45.2 billion yuan in total assets and 22.4 billion yuan in total liabilities, with a liability-to-asset ratio of 49.6%.

This article was automatically produced by Caixin Automation on Sept. 2, 2021.

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