Oct 29, 2021 08:00 AM

Shandong Gold Mining Co.,Ltd. Posted 1.3 Billion Yuan Net Loss in First Three Quarters of 2021

Shandong Gold Mining Co.,Ltd. (山东黄金矿业股份有限公司) (600547.SH) reported a net loss of 1.3 billion yuan in the first three quarters of 2021, reversing a net profit of 2.1 billion yuan for the same period in the previous year.

Meanwhile, the company posted 17.7 billion yuan in revenue, down 67% year-on-year.

At the end of the reporting period, it had 73.1 billion yuan in total assets and 41 billion yuan in total liabilities, with a liability-to-asset ratio of 56.1%.

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

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