Xiamen Tungsten Co.,Ltd.’s Net Profit Rose 39.8% in First Three Quarters of 2022

Xiamen Tungsten Co.,Ltd. (厦门钨业股份有限公司) (600549.SH) reported a net profit of 2 billion yuan in the first three quarters of 2022, up 39.8% year-on-year.

Meanwhile, the company posted 36.9 billion yuan in revenue, up 66.5% year-on-year.

At the end of the reporting period, it had 41 billion yuan in total assets and 25.3 billion yuan in total liabilities, with a liability-to-asset ratio of 61.8%.