Western Mining Co.,Ltd.’s Net Profit Dropped 6.7% in First Three Quarters of 2023

Western Mining Co.,Ltd. (西部矿业股份有限公司) (601168.SH) reported a net profit of 3.3 billion yuan in the first three quarters of 2023, down 6.7% year-on-year.

Meanwhile, the company posted 32.2 billion yuan in revenue, up 17.7% year-on-year.

At the end of the reporting period, it had 53.5 billion yuan in total assets and 33.9 billion yuan in total liabilities, with a liability-to-asset ratio of 63.3%.