Baoji Titanium Industry Co.,Ltd.’s Net Profit Rose 98.9% in First Quarter of 2022

Baoji Titanium Industry Co.,Ltd. (宝鸡钛业股份有限公司) (600456.SH) reported a net profit of 213.6 million yuan in the first quarter of 2022, up 98.9% year-on-year.

Meanwhile, the company posted 1.6 billion yuan in revenue, up 30.2% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 6.3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.3%.