Taiyuan Heavy Industry Co.,Ltd. Posted 235.3 Million Yuan Net Profit in First Three Quarters of 2021

Taiyuan Heavy Industry Co.,Ltd. (太原重工股份有限公司) (600169.SH) reported a net profit of 235.3 million yuan in the first three quarters of 2021, reversing a net loss of 307.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 5.8 billion yuan in revenue, down 2% year-on-year.

At the end of the reporting period, it had 31.4 billion yuan in total assets and 25.5 billion yuan in total liabilities, with a liability-to-asset ratio of 81.3%.

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

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