Xinjiang Tianye Co.,Ltd.’s Net Profit Dropped 47.7% in First Three Quarters of 2022

Xinjiang Tianye Co.,Ltd. (新疆天业股份有限公司) (600075.SH) reported a net profit of 825.8 million yuan in the first three quarters of 2022, down 47.7% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, up 7.1% year-on-year.

At the end of the reporting period, it had 19.7 billion yuan in total assets and 8.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.7%.