Inner Mongolia Baotou Steel Union Co.,Ltd.’s Net Profit Dropped 70.3% in First Half of 2023

Inner Mongolia Baotou Steel Union Co.,Ltd. (内蒙古包钢钢联股份有限公司) (600010.SH) reported a net profit of 66.3 million yuan in the first half of 2023, down 70.3% year-on-year.

Meanwhile, the company posted 35.6 billion yuan in revenue, down 13.4% year-on-year.

At the end of the reporting period, it had 154.6 billion yuan in total assets and 93.1 billion yuan in total liabilities, with a liability-to-asset ratio of 60.2%.