Hainan Mining Co.,Ltd.’s Net Profit Dropped 15.9% in First Half of 2022

Hainan Mining Co.,Ltd. (海南矿业股份有限公司) (601969.SH) reported a net profit of 527.9 million yuan in the first half of 2022, down 15.9% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 34.3% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 38.5%.