Shandong Gold Mining Co.,Ltd. Posted 797.6 Million Yuan Net Profit in First Three Quarters of 2022

Shandong Gold Mining Co.,Ltd. (山东黄金矿业股份有限公司) (600547.SH) reported a net profit of 797.6 million yuan in the first three quarters of 2022, reversing a net loss of 1.4 billion yuan for the same period in the previous year.

Meanwhile, the company posted 39.8 billion yuan in revenue, up 124.9% year-on-year.

At the end of the reporting period, it had 86.4 billion yuan in total assets and 51.2 billion yuan in total liabilities, with a liability-to-asset ratio of 59.3%.