Ningbo Jintian Copper(Group) Co.,Ltd.’s Net Profit Rose 28.3% in First Quarter of 2022

Ningbo Jintian Copper(Group) Co.,Ltd. (宁波金田铜业(集团)股份有限公司) (601609.SH) reported a net profit of 132.3 million yuan in the first quarter of 2022, up 28.3% year-on-year.

Meanwhile, the company posted 21.4 billion yuan in revenue, up 36.4% year-on-year.

At the end of the reporting period, it had 22.9 billion yuan in total assets and 15.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.3%.