Ganfeng Lithium Group Co.,Ltd.’s Net Profit Dropped 60.8% in First Three Quarters of 2023

Ganfeng Lithium Group Co.,Ltd. (江西赣锋锂业集团股份有限公司) (002460.SZ) reported a net profit of 5.9 billion yuan in the first three quarters of 2023, down 60.8% year-on-year.

Meanwhile, the company posted 25.7 billion yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 92.9 billion yuan in total assets and 38.8 billion yuan in total liabilities, with a liability-to-asset ratio of 41.8%.