Baiyin Nonferrous Group Co.,Ltd.’s Net Profit Dropped 34.5% in First Half of 2023

Baiyin Nonferrous Group Co.,Ltd. (白银有色集团股份有限公司) (601212.SH) reported a net profit of 238.2 million yuan in the first half of 2023, down 34.5% year-on-year.

Meanwhile, the company posted 47.3 billion yuan in revenue, up 10.5% year-on-year.

At the end of the reporting period, it had 49.8 billion yuan in total assets and 31.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63.4%.