Shandong Jinling Mining Co.,Ltd.’s Net Profit Dropped 55.9% in First Quarter of 2022

Shandong Jinling Mining Co.,Ltd. (山东金岭矿业股份有限公司) (000655.SZ) reported a net profit of 43.5 million yuan in the first quarter of 2022, down 55.9% year-on-year.

Meanwhile, the company posted 328 million yuan in revenue, down 23.9% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 496.3 million yuan in total liabilities, with a liability-to-asset ratio of 14.3%.