Shandong Gold Mining Co.,Ltd. Posted 1.4 Billion Yuan Net Profit in 2022

Shandong Gold Mining Co.,Ltd. (山东黄金矿业股份有限公司) (600547.SH) reported a net profit of 1.4 billion yuan in 2022, reversing a net loss of 195.4 million yuan for the previous year.

Meanwhile, the company posted 50.3 billion yuan in revenue, up 48.2% year-on-year.

At the end of the reporting period, it had 90.7 billion yuan in total assets and 54 billion yuan in total liabilities, with a liability-to-asset ratio of 59.6%.