Fujian Minfa Aluminum Inc.’s Net Profit Dropped 17.9% in First Three Quarters of 2022

Fujian Minfa Aluminum Inc. (福建省闽发铝业股份有限公司) (002578.SZ) reported a net profit of 40 million yuan in the first three quarters of 2022, down 17.9% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 39.2% year-on-year.

At the end of the reporting period, it had 2.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.5%.