Lao Feng Xiang Co.,Ltd.’s Net Profit Rose 21% in First Three Quarters of 2021

Lao Feng Xiang Co.,Ltd. (老凤祥股份有限公司) (600612.SH) reported a net profit of 1.9 billion yuan in the first three quarters of 2021, up 21% year-on-year.

Meanwhile, the company posted 49.8 billion yuan in revenue, up 13.5% year-on-year.

At the end of the reporting period, it had 21.6 billion yuan in total assets and 11.2 billion yuan in total liabilities, with a liability-to-asset ratio of 51.9%.

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

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