Jl Mag Rare-Earth Co.,Ltd.’s Net Profit Rose 95.4% in First Three Quarters of 2022

Jl Mag Rare-Earth Co.,Ltd. (江西金力永磁科技股份有限公司) (300748.SZ) reported a net profit of 687.9 million yuan in the first three quarters of 2022, up 95.4% year-on-year.

Meanwhile, the company posted 5.2 billion yuan in revenue, up 78.7% year-on-year.

At the end of the reporting period, it had 10.7 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 37.3%.