Hainan Mining Co.,Ltd.’s Net Profit Rose 21.5% in First Quarter of 2022

Hainan Mining Co.,Ltd. (海南矿业股份有限公司) (601969.SH) reported a net profit of 248.4 million yuan in the first quarter of 2022, up 21.5% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 43.2% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.