Ningxia Western Venture Industrial Co.,Ltd.’s Net Profit Rose 16.2% in First Three Quarters of 2022

Ningxia Western Venture Industrial Co.,Ltd. (宁夏西部创业实业股份有限公司) (000557.SZ) reported a net profit of 227.5 million yuan in the first three quarters of 2022, up 16.2% year-on-year.

Meanwhile, the company posted 1.2 billion yuan in revenue, up 50.3% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 489.6 million yuan in total liabilities, with a liability-to-asset ratio of 8%.