Minmetals Development Co.,Ltd.’s Net Profit Rose 0.4% in First Three Quarters of 2022

Minmetals Development Co.,Ltd. (五矿发展股份有限公司) (600058.SH) reported a net profit of 360.2 million yuan in the first three quarters of 2022, up 0.4% year-on-year.

Meanwhile, the company posted 57.7 billion yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 29.2 billion yuan in total assets and 21.6 billion yuan in total liabilities, with a liability-to-asset ratio of 74.1%.