Pangang Group Vanadium Titanium&Resources Co.,Ltd.’s Net Profit Dropped 6.2% in 2022

Pangang Group Vanadium Titanium&Resources Co.,Ltd. (攀钢集团钒钛资源股份有限公司) (000629.SZ) reported a net profit of 1.4 billion yuan in 2022, down 6.2% year-on-year.

Meanwhile, the company posted 15.1 billion yuan in revenue, up 7.3% year-on-year.

At the end of the reporting period, it had 11.9 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 23.2%.