Henan Mingtai Al.Industrial Co.,Ltd.’s Net Profit Dropped 4.4% in First Three Quarters of 2022

Henan Mingtai Al.Industrial Co.,Ltd. (河南明泰铝业股份有限公司) (601677.SH) reported a net profit of 1.4 billion yuan in the first three quarters of 2022, down 4.4% year-on-year.

Meanwhile, the company posted 22 billion yuan in revenue, up 29.2% year-on-year.

At the end of the reporting period, it had 19.6 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 37.4%.