Ningbo Jintian Copper(Group) Co.,Ltd.’s Net Profit Dropped 22.7% in First Half of 2023

Ningbo Jintian Copper(Group) Co.,Ltd. (宁波金田铜业(集团)股份有限公司) (601609.SH) reported a net profit of 300.5 million yuan in the first half of 2023, down 22.7% year-on-year.

Meanwhile, the company posted 53.4 billion yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 22.3 billion yuan in total assets and 14.3 billion yuan in total liabilities, with a liability-to-asset ratio of 64.2%.