Zhejiang Huayou Cobalt Co.,Ltd.’s Net Profit Dropped 2.5% in First Half of 2023

Zhejiang Huayou Cobalt Co.,Ltd. (浙江华友钴业股份有限公司) (603799.SH) reported a net profit of 2.9 billion yuan in the first half of 2023, down 2.5% year-on-year.

Meanwhile, the company posted 33.3 billion yuan in revenue, up 7.5% year-on-year.

At the end of the reporting period, it had 124.4 billion yuan in total assets and 85.1 billion yuan in total liabilities, with a liability-to-asset ratio of 68.4%.