Wolong Resources Group Co.,Ltd.’s Net Profit Dropped 22.9% in First Half of 2023

Wolong Resources Group Co.,Ltd. (卧龙资源集团股份有限公司) (600173.SH) reported a net profit of 202.3 million yuan in the first half of 2023, down 22.9% year-on-year.

Meanwhile, the company posted 3.3 billion yuan in revenue, up 91.4% year-on-year.

At the end of the reporting period, it had 6.5 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41%.