Xiamen Tungsten Co.,Ltd.’s Net Profit Rose 41.7% in First Half of 2022

Xiamen Tungsten Co.,Ltd. (厦门钨业股份有限公司) (600549.SH) reported a net profit of 1.4 billion yuan in the first half of 2022, up 41.7% year-on-year.

Meanwhile, the company posted 24.2 billion yuan in revenue, up 69.9% year-on-year.

At the end of the reporting period, it had 37.5 billion yuan in total assets and 23.4 billion yuan in total liabilities, with a liability-to-asset ratio of 62.5%.