Pengxin International Mining Co.,Ltd. Posted 8.9 Million Yuan Net Profit in First Half of 2023

Pengxin International Mining Co.,Ltd. (鹏欣环球资源股份有限公司) (600490.SH) reported a net profit of 8.9 million yuan in the first half of 2023, reversing a net loss of 175 million yuan for the same period in the previous year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 12.1% year-on-year.

At the end of the reporting period, it had 8.5 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 29.4%.