May 05, 2023 08:00 AM

Ningbo Jintian Copper(Group) Co.,Ltd.’s Net Profit Dropped 42.8% in 2022

By Caixin Automation

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Ningbo Jintian Copper(Group) Co.,Ltd. (宁波金田铜业(集团)股份有限公司) (601609.SH) reported a net profit of 420.8 million yuan in 2022, down 42.8% year-on-year.

Meanwhile, the company posted 101.2 billion yuan in revenue, up 24.7% year-on-year.

At the end of the reporting period, it had 20 billion yuan in total assets and 12.2 billion yuan in total liabilities, with a liability-to-asset ratio of 61.2%.

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