Shandong Gold Mining Co.,Ltd.’s Net Profit Rose 41.9% in First Quarter of 2023

Shandong Gold Mining Co.,Ltd. (山东黄金矿业股份有限公司) (600547.SH) reported a net profit of 504.1 million yuan in the first quarter of 2023, up 41.9% year-on-year.

Meanwhile, the company posted 13.1 billion yuan in revenue, down 2.8% year-on-year.

At the end of the reporting period, it had 94 billion yuan in total assets and 56.9 billion yuan in total liabilities, with a liability-to-asset ratio of 60.5%.