China Molybdenum Co.,Ltd.’s Net Profit Rose 53.8% in First Quarter of 2022

China Molybdenum Co.,Ltd. (洛阳栾川钼业集团股份有限公司) (603993.SH) reported a net profit of 1.9 billion yuan in the first quarter of 2022, up 53.8% year-on-year.

Meanwhile, the company posted 44.5 billion yuan in revenue, up 11.5% year-on-year.

At the end of the reporting period, it had 166.6 billion yuan in total assets and 117.1 billion yuan in total liabilities, with a liability-to-asset ratio of 70.3%.