Qinghai Salt Lake Industry Co.,Ltd.’s Net Profit Rose 400.7% in First Quarter of 2022

Qinghai Salt Lake Industry Co.,Ltd. (青海盐湖工业股份有限公司) (000792.SZ) reported a net profit of 4.3 billion yuan in the first quarter of 2022, up 400.7% year-on-year.

Meanwhile, the company posted 7.6 billion yuan in revenue, up 152.5% year-on-year.

At the end of the reporting period, it had 30.9 billion yuan in total assets and 15.1 billion yuan in total liabilities, with a liability-to-asset ratio of 49.1%.