Fujian Minfa Aluminum Inc.’s Net Profit Dropped 32.9% in First Half of 2023

Fujian Minfa Aluminum Inc. (福建省闽发铝业股份有限公司) (002578.SZ) reported a net profit of 23.3 million yuan in the first half of 2023, down 32.9% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 9.7% year-on-year.

At the end of the reporting period, it had 2.1 billion yuan in total assets and 548.4 million yuan in total liabilities, with a liability-to-asset ratio of 26.2%.