Hainan Mining Co.,Ltd.’s Net Profit Dropped 33.3% in First Three Quarters of 2022

Hainan Mining Co.,Ltd. (海南矿业股份有限公司) (601969.SH) reported a net profit of 716.3 million yuan in the first three quarters of 2022, down 33.3% year-on-year.

Meanwhile, the company posted 3.8 billion yuan in revenue, up 19.1% year-on-year.

At the end of the reporting period, it had 11.8 billion yuan in total assets and 4.4 billion yuan in total liabilities, with a liability-to-asset ratio of 37.3%.