Qinghai Jinrui Mineral Development Co.,Ltd.’s Net Profit Rose 1034.9% in First Quarter of 2022

Qinghai Jinrui Mineral Development Co.,Ltd. (青海金瑞矿业发展股份有限公司) (600714.SH) reported a net profit of 32.2 million yuan in the first quarter of 2022, up 1034.9% year-on-year.

Meanwhile, the company posted 121.4 million yuan in revenue, up 133.7% year-on-year.

At the end of the reporting period, it had 815.6 million yuan in total assets and 84 million yuan in total liabilities, with a liability-to-asset ratio of 10.3%.