Zhejiang Huayou Cobalt Co.,Ltd.’s Net Profit Dropped 14.2% in First Three Quarters of 2023

Zhejiang Huayou Cobalt Co.,Ltd. (浙江华友钴业股份有限公司) (603799.SH) reported a net profit of 4 billion yuan in the first three quarters of 2023, down 14.2% year-on-year.

Meanwhile, the company posted 51.1 billion yuan in revenue, up 4.9% year-on-year.

At the end of the reporting period, it had 133.8 billion yuan in total assets and 89.4 billion yuan in total liabilities, with a liability-to-asset ratio of 66.8%.