Fujian Minfa Aluminum Inc.’s Net Profit Dropped 25.3% in First Three Quarters of 2023

Fujian Minfa Aluminum Inc. (福建省闽发铝业股份有限公司) (002578.SZ) reported a net profit of 29.8 million yuan in the first three quarters of 2023, down 25.3% year-on-year.

Meanwhile, the company posted 2 billion yuan in revenue, up 2.4% year-on-year.

At the end of the reporting period, it had 2.3 billion yuan in total assets and 771.6 million yuan in total liabilities, with a liability-to-asset ratio of 33.3%.