Ningxia Building Materials Group Co.,Ltd.’s Net Profit Dropped 15.9% in First Three Quarters of 2021

Ningxia Building Materials Group Co.,Ltd. (宁夏建材集团股份有限公司) (600449.SH) reported a net profit of 745.9 million yuan in the first three quarters of 2021, down 15.9% year-on-year.

Meanwhile, the company posted 4.1 billion yuan in revenue, up 7% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 21.9%.

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

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