Western Region Gold Co.,Ltd.’s Net Profit Dropped 54.4% in 2022

Western Region Gold Co.,Ltd. (西部黄金股份有限公司) (601069.SH) reported a net profit of 241.5 million yuan in 2022, down 54.4% year-on-year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 20.4% year-on-year.

At the end of the reporting period, it had 6.2 billion yuan in total assets and 1.5 billion yuan in total liabilities, with a liability-to-asset ratio of 23.4%.