26
Aug
08:19
Tibet Mining's H1 net profit up 1,018.30% y-o-y
Shenzhen-listed Tibet Mining recently released its half-year report. According to this report, during the first half of 2022, its net profit surged 1,018.30% on-year to about CNY 475.44 million ($69.29m).
During H1 2022, Tibet Mining's operating income was about CNY 1.22 billion, an on-year increase of 439.20%; its weighted average return on net assets was 19.84%, an on-year increase of 17.75%.
During H1 2022, its mining business' gross pr…
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Very good overview of the weekly steel market.
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