Chengtun Mining Group Co.,Ltd.’s Net Profit Dropped 66.6% in First Three Quarters of 2023

Chengtun Mining Group Co.,Ltd. (盛屯矿业集团股份有限公司) (600711.SH) reported a net profit of 500.1 million yuan in the first three quarters of 2023, down 66.6% year-on-year.

Meanwhile, the company posted 18.3 billion yuan in revenue, down 6.7% year-on-year.

At the end of the reporting period, it had 36.6 billion yuan in total assets and 20.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.2%.