Metallurgical Corporation Of China Co.,Ltd.’s Net Profit Rose 18% in First Half of 2023

Metallurgical Corporation Of China Co.,Ltd. (中国冶金科工股份有限公司) (601618.SH) reported a net profit of 8.7 billion yuan in the first half of 2023, up 18% year-on-year.

Meanwhile, the company posted 334.5 billion yuan in revenue, up 15.6% year-on-year.

At the end of the reporting period, it had 667.2 billion yuan in total assets and 492.2 billion yuan in total liabilities, with a liability-to-asset ratio of 73.8%.