Minmetals Capital Company Limited’s Net Profit Dropped 4.5% in First Three Quarters of 2023

Minmetals Capital Company Limited (五矿资本股份有限公司) (600390.SH) reported a net profit of 2.4 billion yuan in the first three quarters of 2023, down 4.5% year-on-year.

Meanwhile, the company posted 776 million yuan in revenue, down 17% year-on-year.

At the end of the reporting period, it had 166.8 billion yuan in total assets and 98.6 billion yuan in total liabilities, with a liability-to-asset ratio of 59.1%.