Shanghai Datun Energy Resources Co.,Ltd.’s Net Profit Dropped 21.1% in First Half of 2023

Shanghai Datun Energy Resources Co.,Ltd. (上海大屯能源股份有限公司) (600508.SH) reported a net profit of 1.2 billion yuan in the first half of 2023, down 21.1% year-on-year.

Meanwhile, the company posted 5.9 billion yuan in revenue, down 13.4% year-on-year.

At the end of the reporting period, it had 20 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 35.3%.