Yunnan Tin Co.,Ltd.’s Net Profit Dropped 77.6% in First Quarter of 2023

Yunnan Tin Co.,Ltd. (云南锡业股份有限公司) (000960.SZ) reported a net profit of 275.9 million yuan in the first quarter of 2023, down 77.6% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, down 26.1% year-on-year.

At the end of the reporting period, it had 37.8 billion yuan in total assets and 20.1 billion yuan in total liabilities, with a liability-to-asset ratio of 53.1%.