Oct 29, 2021 08:00 AM

Ningxia Baofeng Energy Group Co.,Ltd.’s Net Profit Rose 68.7% in First Three Quarters of 2021

Ningxia Baofeng Energy Group Co.,Ltd. (宁夏宝丰能源集团股份有限公司) (600989.SH) reported a net profit of 5.3 billion yuan in the first three quarters of 2021, up 68.7% year-on-year.

Meanwhile, the company posted 16.2 billion yuan in revenue, up 43.3% year-on-year.

At the end of the reporting period, it had 42.6 billion yuan in total assets and 13.6 billion yuan in total liabilities, with a liability-to-asset ratio of 32%.

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

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