Pangang Group Vanadium Titanium&Resources Co.,Ltd.’s Net Profit Dropped 45.9% in First Half of 2023

Pangang Group Vanadium Titanium&Resources Co.,Ltd. (攀钢集团钒钛资源股份有限公司) (000629.SZ) reported a net profit of 604.8 million yuan in the first half of 2023, down 45.9% year-on-year.

Meanwhile, the company posted 7.6 billion yuan in revenue, down 7.5% year-on-year.

At the end of the reporting period, it had 14.6 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 17.4%.