Chengtun Mining Group Co.,Ltd.’s Net Profit Dropped 1.7% in First Quarter of 2022

Chengtun Mining Group Co.,Ltd. (盛屯矿业集团股份有限公司) (600711.SH) reported a net profit of 806 million yuan in the first quarter of 2022, down 1.7% year-on-year.

Meanwhile, the company posted 6.2 billion yuan in revenue, down 45.8% year-on-year.

At the end of the reporting period, it had 30.2 billion yuan in total assets and 15.6 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.