China Tungsten And Hightech Materials Co.,Ltd.’s Net Profit Rose 2.1% in First Three Quarters of 2022

China Tungsten And Hightech Materials Co.,Ltd. (中钨高新材料股份有限公司) (000657.SZ) reported a net profit of 492.6 million yuan in the first three quarters of 2022, up 2.1% year-on-year.

Meanwhile, the company posted 10 billion yuan in revenue, up 2.9% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.1%.