Tibet Summit Resources Co.,Ltd.’s Net Profit Dropped 85.2% in First Half of 2023

Tibet Summit Resources Co.,Ltd. (西藏珠峰资源股份有限公司) (600338.SH) reported a net profit of 65.6 million yuan in the first half of 2023, down 85.2% year-on-year.

Meanwhile, the company posted 932.6 million yuan in revenue, down 9.2% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 37.4%.