Shandong Nanshan Aluminium Co.,Ltd.’s Net Profit Dropped 28.3% in First Half of 2023

Shandong Nanshan Aluminium Co.,Ltd. (山东南山铝业股份有限公司) (600219.SH) reported a net profit of 1.5 billion yuan in the first half of 2023, down 28.3% year-on-year.

Meanwhile, the company posted 14.5 billion yuan in revenue, down 19% year-on-year.

At the end of the reporting period, it had 66.8 billion yuan in total assets and 15 billion yuan in total liabilities, with a liability-to-asset ratio of 22.4%.