Pengxin International Mining Co.,Ltd.’s Net Profit Rose 56.7% in First Quarter of 2022

Pengxin International Mining Co.,Ltd. (鹏欣环球资源股份有限公司) (600490.SH) reported a net profit of 67.3 million yuan in the first quarter of 2022, up 56.7% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, down 57% year-on-year.

At the end of the reporting period, it had 9 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 29.7%.