Ningbo Shimao Energy Co.,Ltd.’s Net Profit Rose 99.1% in First Three Quarters of 2021

Ningbo Shimao Energy Co.,Ltd. (宁波世茂能源股份有限公司) (605028.SH) reported a net profit of 127.3 million yuan in the first three quarters of 2021, up 99.1% year-on-year.

Meanwhile, the company posted 276.6 million yuan in revenue, up 33.3% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 110 million yuan in total liabilities, with a liability-to-asset ratio of 10.1%.

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

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