Ningxia Orient Tantalum Industry Co.,Ltd.’s Net Profit Rose 16.7% in First Quarter of 2023

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 58.8 million yuan in the first quarter of 2023, up 16.7% year-on-year.

Meanwhile, the company posted 292 million yuan in revenue, up 14.9% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 455.7 million yuan in total liabilities, with a liability-to-asset ratio of 22.5%.