Baiyin Nonferrous Group Co.,Ltd.’s Net Profit Dropped 52.5% in First Three Quarters of 2022

Baiyin Nonferrous Group Co.,Ltd. (白银有色集团股份有限公司) (601212.SH) reported a net profit of 203.1 million yuan in the first three quarters of 2022, down 52.5% year-on-year.

Meanwhile, the company posted 63.5 billion yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 47.7 billion yuan in total assets and 30 billion yuan in total liabilities, with a liability-to-asset ratio of 62.9%.