Ningxia Orient Tantalum Industry Co.,Ltd.’s Net Profit Rose 215% in First Quarter of 2022

Ningxia Orient Tantalum Industry Co.,Ltd. (宁夏东方钽业股份有限公司) (000962.SZ) reported a net profit of 49.8 million yuan in the first quarter of 2022, up 215% year-on-year.

Meanwhile, the company posted 254.1 million yuan in revenue, up 24.9% year-on-year.

At the end of the reporting period, it had 1.7 billion yuan in total assets and 379.1 million yuan in total liabilities, with a liability-to-asset ratio of 21.8%.