Tibet Summit Resources Co.,Ltd.’s Net Profit Dropped 45.6% in 2022

Tibet Summit Resources Co.,Ltd. (西藏珠峰资源股份有限公司) (600338.SH) reported a net profit of 388.8 million yuan in 2022, down 45.6% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, down 3.7% year-on-year.

At the end of the reporting period, it had 5.4 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 35.1%.