Qinghai Jinrui Mineral Development Co.,Ltd.’s Net Profit Dropped 88.5% in First Half of 2023

Qinghai Jinrui Mineral Development Co.,Ltd. (青海金瑞矿业发展股份有限公司) (600714.SH) reported a net profit of 6.2 million yuan in the first half of 2023, down 88.5% year-on-year.

Meanwhile, the company posted 121.1 million yuan in revenue, down 46.9% year-on-year.

At the end of the reporting period, it had 805.1 million yuan in total assets and 72.5 million yuan in total liabilities, with a liability-to-asset ratio of 9%.