Jiaozuo Wanfang Aluminum Manufacturing Co.,Ltd.’s Net Profit Dropped 2.5% in First Quarter of 2022

Jiaozuo Wanfang Aluminum Manufacturing Co.,Ltd. (焦作万方铝业股份有限公司) (000612.SZ) reported a net profit of 202.8 million yuan in the first quarter of 2022, down 2.5% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 7.4% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 33.1%.