Tibet Mineral Development Co.,Ltd.’s Net Profit Dropped 91.3% in First Half of 2023

Tibet Mineral Development Co.,Ltd. (西藏矿业发展股份有限公司) (000762.SZ) reported a net profit of 76.5 million yuan in the first half of 2023, down 91.3% year-on-year.

Meanwhile, the company posted 283.4 million yuan in revenue, down 76.8% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 3.5 billion yuan in total liabilities, with a liability-to-asset ratio of 47.5%.