Western Mining Co.,Ltd.’s Net Profit Rose 2.8% in First Three Quarters of 2022

Western Mining Co.,Ltd. (西部矿业股份有限公司) (601168.SH) reported a net profit of 3.5 billion yuan in the first three quarters of 2022, up 2.8% year-on-year.

Meanwhile, the company posted 27 billion yuan in revenue, down 7.2% year-on-year.

At the end of the reporting period, it had 50.1 billion yuan in total assets and 31.1 billion yuan in total liabilities, with a liability-to-asset ratio of 62.1%.