Shandong Humon Smelting Co.,Ltd.’s Net Profit Dropped 8.9% in First Quarter of 2022

Shandong Humon Smelting Co.,Ltd. (山东恒邦冶炼股份有限公司) (002237.SZ) reported a net profit of 116.6 million yuan in the first quarter of 2022, down 8.9% year-on-year.

Meanwhile, the company posted 11.4 billion yuan in revenue, up 6% year-on-year.

At the end of the reporting period, it had 22.3 billion yuan in total assets and 14.4 billion yuan in total liabilities, with a liability-to-asset ratio of 64.5%.