Zhejiang Huayou Cobalt Co.,Ltd.’s Net Profit Rose 41.8% in 2022

Zhejiang Huayou Cobalt Co.,Ltd. (浙江华友钴业股份有限公司) (603799.SH) reported a net profit of 5.7 billion yuan in 2022, up 41.8% year-on-year.

Meanwhile, the company posted 63 billion yuan in revenue, up 78.5% year-on-year.

At the end of the reporting period, it had 110.6 billion yuan in total assets and 77.9 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.