Apr 28, 2023 08:00 AM

Tibet Mineral Development Co.,Ltd.’s Net Profit Rose 693.7% in 2022

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Tibet Mineral Development Co.,Ltd. (西藏矿业发展股份有限公司) (000762.SZ) reported a net profit of 1.5 billion yuan in 2022, up 693.7% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 243% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 45.9%.

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