Western Mining Co.,Ltd.’s Net Profit Dropped 9.2% in First Half of 2023

Western Mining Co.,Ltd. (西部矿业股份有限公司) (601168.SH) reported a net profit of 2.2 billion yuan in the first half of 2023, down 9.2% year-on-year.

Meanwhile, the company posted 22.7 billion yuan in revenue, up 30.9% year-on-year.

At the end of the reporting period, it had 52.5 billion yuan in total assets and 33.8 billion yuan in total liabilities, with a liability-to-asset ratio of 64.5%.