Chongyi Zhangyuan Tungsten Co.,Ltd.’s Net Profit Rose 276.6% in First Half of 2022

Chongyi Zhangyuan Tungsten Co.,Ltd. (崇义章源钨业股份有限公司) (002378.SZ) reported a net profit of 141.6 million yuan in the first half of 2022, up 276.6% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 33.6% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59.8%.