Oct 26, 2021 08:00 AM

Western Mining Co.,Ltd.’s Net Profit Rose 198.3% in First Three Quarters of 2021

Western Mining Co.,Ltd. (西部矿业股份有限公司) (601168.SH) reported a net profit of 3.4 billion yuan in the first three quarters of 2021, up 198.3% year-on-year.

Meanwhile, the company posted 29.1 billion yuan in revenue, up 37% year-on-year.

At the end of the reporting period, it had 50.5 billion yuan in total assets and 32.2 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.

Share this article
Open WeChat and scan the QR code
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
Caixin-Sinica Business Brief: China Resumes Issuing Visas to Foreigners