Pangang Group Vanadium Titanium&Resources Co.,Ltd.’s Net Profit Rose 45.4% in First Half of 2022

Pangang Group Vanadium Titanium&Resources Co.,Ltd. (攀钢集团钒钛资源股份有限公司) (000629.SZ) reported a net profit of 1.1 billion yuan in the first half of 2022, up 45.4% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 16% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 19.8%.