Tibet Huayu Mining Co.,Ltd.’s Net Profit Rose 107.7% in First Half of 2023

Tibet Huayu Mining Co.,Ltd. (西藏华钰矿业股份有限公司) (601020.SH) reported a net profit of 71 million yuan in the first half of 2023, up 107.7% year-on-year.

Meanwhile, the company posted 449.3 million yuan in revenue, up 77.8% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 32.2%.