Guangsheng Nonferrous Metals Co.,Ltd.’s Net Profit Dropped 20.4% in First Three Quarters of 2023

Guangsheng Nonferrous Metals Co.,Ltd. (广晟有色金属股份有限公司) (600259.SH) reported a net profit of 174.5 million yuan in the first three quarters of 2023, down 20.4% year-on-year.

Meanwhile, the company posted 15.6 billion yuan in revenue, down 15.3% year-on-year.

At the end of the reporting period, it had 8.9 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 55.9%.