Mingxin Automotive Leather Co.,Ltd.’s Net Profit Rose 5.7% in First Half of 2021

Mingxin Automotive Leather Co.,Ltd. (明新旭腾新材料股份有限公司) (605068.SH) reported a net profit of 102.3 million yuan in the first half of 2021, up 5.7% year-on-year.

Meanwhile, the company posted 372.9 million yuan in revenue, up 8.1% year-on-year.

At the end of the reporting period, it had 2.4 billion yuan in total assets and 673.7 million yuan in total liabilities, with a liability-to-asset ratio of 28.6%.

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

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