China Molybdenum Co.,Ltd.’s Net Profit Dropped 87.2% in First Half of 2023

China Molybdenum Co.,Ltd. (洛阳栾川钼业集团股份有限公司) (603993.SH) reported a net profit of 615.2 million yuan in the first half of 2023, down 87.2% year-on-year.

Meanwhile, the company posted 86.7 billion yuan in revenue, down 5.5% year-on-year.

At the end of the reporting period, it had 180.5 billion yuan in total assets and 117.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.9%.