Nanjing Hanrui Cobalt Co.,Ltd.’s Net Profit Dropped 77.7% in First Half of 2023

Nanjing Hanrui Cobalt Co.,Ltd. (南京寒锐钴业股份有限公司) (300618.SZ) reported a net profit of 68 million yuan in the first half of 2023, down 77.7% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 17.7% year-on-year.

At the end of the reporting period, it had 7.5 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 30.6%.