Metallurgical Corporation Of China Co.,Ltd.’s Net Profit Rose 17.4% in First Three Quarters of 2023

Metallurgical Corporation Of China Co.,Ltd. (中国冶金科工股份有限公司) (601618.SH) reported a net profit of 10.5 billion yuan in the first three quarters of 2023, up 17.4% year-on-year.

Meanwhile, the company posted 467.3 billion yuan in revenue, up 17.7% year-on-year.

At the end of the reporting period, it had 676.4 billion yuan in total assets and 504 billion yuan in total liabilities, with a liability-to-asset ratio of 74.5%.