Shandong Gold Mining Co.,Ltd. Posted 604.1 Million Yuan Net Profit in First Half of 2022

Shandong Gold Mining Co.,Ltd. (山东黄金矿业股份有限公司) (600547.SH) reported a net profit of 604.1 million yuan in the first half of 2022, reversing a net loss of 1.5 billion yuan for the same period in the previous year.

Meanwhile, the company posted 29.8 billion yuan in revenue, up 151% year-on-year.

At the end of the reporting period, it had 83.5 billion yuan in total assets and 49.2 billion yuan in total liabilities, with a liability-to-asset ratio of 58.9%.