Shandong Jinling Mining Co.,Ltd.’s Net Profit Dropped 61.3% in First Quarter of 2023

Shandong Jinling Mining Co.,Ltd. (山东金岭矿业股份有限公司) (000655.SZ) reported a net profit of 16.8 million yuan in the first quarter of 2023, down 61.3% year-on-year.

Meanwhile, the company posted 263.2 million yuan in revenue, down 19.8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 439.5 million yuan in total liabilities, with a liability-to-asset ratio of 12.4%.