Tibet Huayu Mining Co.,Ltd.’s Net Profit Dropped 49.1% in First Half of 2022

Tibet Huayu Mining Co.,Ltd. (西藏华钰矿业股份有限公司) (601020.SH) reported a net profit of 34.2 million yuan in the first half of 2022, down 49.1% year-on-year.

Meanwhile, the company posted 252.8 million yuan in revenue, down 56.7% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 31.7%.