Western Mining Co.,Ltd.’s Net Profit Rose 16.9% in First Half of 2022

Western Mining Co.,Ltd. (西部矿业股份有限公司) (601168.SH) reported a net profit of 2.5 billion yuan in the first half of 2022, up 16.9% year-on-year.

Meanwhile, the company posted 17 billion yuan in revenue, down 10.9% year-on-year.

At the end of the reporting period, it had 49.1 billion yuan in total assets and 30.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.6%.