Hunan Valin Steel Co.,Ltd.’s Net Profit Dropped 11.1% in First Three Quarters of 2023

Hunan Valin Steel Co.,Ltd. (湖南华菱钢铁股份有限公司) (000932.SZ) reported a net profit of 5.2 billion yuan in the first three quarters of 2023, down 11.1% year-on-year.

Meanwhile, the company posted 119.8 billion yuan in revenue, down 3.7% year-on-year.

At the end of the reporting period, it had 130.6 billion yuan in total assets and 67.6 billion yuan in total liabilities, with a liability-to-asset ratio of 51.8%.