Tianshan Aluminum Group Co.,Ltd.’s Net Profit Dropped 25.6% in First Three Quarters of 2022

Tianshan Aluminum Group Co.,Ltd. (天山铝业集团股份有限公司) (002532.SZ) reported a net profit of 2.4 billion yuan in the first three quarters of 2022, down 25.6% year-on-year.

Meanwhile, the company posted 24.7 billion yuan in revenue, up 13.5% year-on-year.

At the end of the reporting period, it had 56.1 billion yuan in total assets and 33.5 billion yuan in total liabilities, with a liability-to-asset ratio of 59.7%.