Tongling Nonferrous Metals Group Co.,Ltd.’s Net Profit Rose 5.4% in First Half of 2022

Tongling Nonferrous Metals Group Co.,Ltd. (铜陵有色金属集团股份有限公司) (000630.SZ) reported a net profit of 1.6 billion yuan in the first half of 2022, up 5.4% year-on-year.

Meanwhile, the company posted 61.9 billion yuan in revenue, down 9.1% year-on-year.

At the end of the reporting period, it had 54.3 billion yuan in total assets and 26.9 billion yuan in total liabilities, with a liability-to-asset ratio of 49.5%.