Caixin
May 06, 2022 08:00 AM

China Nonferrous Metal Industry'S Foreign Engineering And Construction Co.,Ltd.’s Net Profit Dropped 10.5% in First Quarter of 2022

China Nonferrous Metal Industry'S Foreign Engineering And Construction Co.,Ltd. (中国有色金属建设股份有限公司) (000758.SZ) reported a net profit of 134.4 million yuan in the first quarter of 2022, down 10.5% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 18.3 billion yuan in total assets and 10 billion yuan in total liabilities, with a liability-to-asset ratio of 54.8%.

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