Zhejiang Huayou Cobalt Co.,Ltd.’s Net Profit Rose 91.1% in First Three Quarters of 2022

Zhejiang Huayou Cobalt Co.,Ltd. (浙江华友钴业股份有限公司) (603799.SH) reported a net profit of 4.7 billion yuan in the first three quarters of 2022, up 91.1% year-on-year.

Meanwhile, the company posted 48.7 billion yuan in revenue, up 113.7% year-on-year.

At the end of the reporting period, it had 102.5 billion yuan in total assets and 71.6 billion yuan in total liabilities, with a liability-to-asset ratio of 69.9%.