Tianshan Aluminum Group Co.,Ltd.’s Net Profit Dropped 30.8% in 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 2.7 billion yuan in 2022, down 30.8% year-on-year.

Meanwhile, the company posted 33 billion yuan in revenue, up 14.8% year-on-year.

At the end of the reporting period, it had 56.7 billion yuan in total assets and 33.9 billion yuan in total liabilities, with a liability-to-asset ratio of 59.7%.