Inner Mongolia Dazhong Mining Co.,Ltd.’s Net Profit Dropped 56.6% in First Quarter of 2023

Inner Mongolia Dazhong Mining Co.,Ltd. (内蒙古大中矿业股份有限公司) (001203.SZ) reported a net profit of 193.7 million yuan in the first quarter of 2023, down 56.6% year-on-year.

Meanwhile, the company posted 640.5 million yuan in revenue, down 50.9% year-on-year.

At the end of the reporting period, it had 11.5 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 44.9%.