Nanjing Hanrui Cobalt Co.,Ltd.’s Net Profit Dropped 47.8% in First Three Quarters of 2022

Nanjing Hanrui Cobalt Co.,Ltd. (南京寒锐钴业股份有限公司) (300618.SZ) reported a net profit of 253.6 million yuan in the first three quarters of 2022, down 47.8% year-on-year.

Meanwhile, the company posted 4 billion yuan in revenue, up 23.6% year-on-year.

At the end of the reporting period, it had 7.6 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.