Shenzhen Zhongjin Lingnan Nonfemet Co.,Ltd.’s Net Profit Rose 11.6% in First Quarter of 2023

Shenzhen Zhongjin Lingnan Nonfemet Co.,Ltd. (深圳市中金岭南有色金属股份有限公司) (000060.SZ) reported a net profit of 375.2 million yuan in the first quarter of 2023, up 11.6% year-on-year.

Meanwhile, the company posted 16.8 billion yuan in revenue, up 14% year-on-year.

At the end of the reporting period, it had 40.8 billion yuan in total assets and 22.4 billion yuan in total liabilities, with a liability-to-asset ratio of 54.9%.