Ganfeng Lithium Group Co.,Ltd.’s Net Profit Dropped 20.5% in First Half of 2023

Ganfeng Lithium Group Co.,Ltd. (江西赣锋锂业集团股份有限公司) (002460.SZ) reported a net profit of 5.8 billion yuan in the first half of 2023, down 20.5% year-on-year.

Meanwhile, the company posted 18.1 billion yuan in revenue, up 25.6% year-on-year.

At the end of the reporting period, it had 89.5 billion yuan in total assets and 35.9 billion yuan in total liabilities, with a liability-to-asset ratio of 40.1%.