Apr 30, 2022 08:00 AM

Baiyin Nonferrous Group Co.,Ltd.’s Net Profit Rose 96.7% in First Quarter of 2022

By Caixin Automation

Baiyin Nonferrous Group Co.,Ltd. (白银有色集团股份有限公司) (601212.SH) reported a net profit of 195.4 million yuan in the first quarter of 2022, up 96.7% year-on-year.

Meanwhile, the company posted 20.6 billion yuan in revenue, up 55.7% year-on-year.

At the end of the reporting period, it had 48.6 billion yuan in total assets and 30.8 billion yuan in total liabilities, with a liability-to-asset ratio of 63.3%.

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