Huaxin Cement Co.,Ltd.’s Net Profit Dropped 12.1% in First Three Quarters of 2021

Huaxin Cement Co.,Ltd. (华新水泥股份有限公司) (600801.SH) reported a net profit of 3.9 billion yuan in the first three quarters of 2021, down 12.1% year-on-year.

Meanwhile, the company posted 22.5 billion yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 47.6 billion yuan in total assets and 20.3 billion yuan in total liabilities, with a liability-to-asset ratio of 42.5%.

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

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