Chengtun Mining Group Co.,Ltd.’s Net Profit Dropped 72.3% in 2022

Chengtun Mining Group Co.,Ltd. (盛屯矿业集团股份有限公司) (600711.SH) reported a net profit of 700 million yuan in 2022, down 72.3% year-on-year.

Meanwhile, the company posted 25.4 billion yuan in revenue, down 44% year-on-year.

At the end of the reporting period, it had 32 billion yuan in total assets and 15.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.