China Molybdenum Co.,Ltd.’s Net Profit Dropped 63.5% in First Three Quarters of 2023

China Molybdenum Co.,Ltd. (洛阳栾川钼业集团股份有限公司) (603993.SH) reported a net profit of 2.3 billion yuan in the first three quarters of 2023, down 63.5% year-on-year.

Meanwhile, the company posted 131.7 billion yuan in revenue, down 0.6% year-on-year.

At the end of the reporting period, it had 184.7 billion yuan in total assets and 117.6 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.