Ningxia Orient Tantalum Industry Co.,Ltd.’s Net Profit Rose 111% in 2022

Ningxia Orient Tantalum Industry Co.,Ltd. (宁夏东方钽业股份有限公司) (000962.SZ) reported a net profit of 171.9 million yuan in 2022, up 111% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 24.1% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 493 million yuan in total liabilities, with a liability-to-asset ratio of 24.7%.