Tibet Huayu Mining Co.,Ltd.’s Net Profit Rose 9.3% in First Three Quarters of 2022

Tibet Huayu Mining Co.,Ltd. (西藏华钰矿业股份有限公司) (601020.SH) reported a net profit of 161.2 million yuan in the first three quarters of 2022, up 9.3% year-on-year.

Meanwhile, the company posted 552.4 million yuan in revenue, down 48.3% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 32.8%.