Guangsheng Nonferrous Metals Co.,Ltd.’s Net Profit Dropped 43.3% in First Half of 2023

Guangsheng Nonferrous Metals Co.,Ltd. (广晟有色金属股份有限公司) (600259.SH) reported a net profit of 108.3 million yuan in the first half of 2023, down 43.3% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, down 7.3% year-on-year.

At the end of the reporting period, it had 9.1 billion yuan in total assets and 5.2 billion yuan in total liabilities, with a liability-to-asset ratio of 57.5%.