Pengxin International Mining Co.,Ltd. Posted 792.7 Million Yuan Net Loss in 2022

Pengxin International Mining Co.,Ltd. (鹏欣环球资源股份有限公司) (600490.SH) reported a net loss of 792.7 million yuan in 2022, reversing a net profit of 72.9 million yuan for the previous year.

Meanwhile, the company posted 8.4 billion yuan in revenue, down 2.7% year-on-year.

At the end of the reporting period, it had 8.8 billion yuan in total assets and 2.9 billion yuan in total liabilities, with a liability-to-asset ratio of 33.5%.