Hainan Mining Co.,Ltd.’s Net Profit Dropped 42.7% in First Half of 2023

Hainan Mining Co.,Ltd. (海南矿业股份有限公司) (601969.SH) reported a net profit of 302.5 million yuan in the first half of 2023, down 42.7% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 12.6% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.