Tibet Huayu Mining Co.,Ltd.’s Net Profit Dropped 0.4% in 2022

Tibet Huayu Mining Co.,Ltd. (西藏华钰矿业股份有限公司) (601020.SH) reported a net profit of 134.1 million yuan in 2022, down 0.4% year-on-year.

Meanwhile, the company posted 564.2 million yuan in revenue, down 59.9% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 34.5%.