Qinghai Jinrui Mineral Development Co.,Ltd.’s Net Profit Dropped 82.9% in First Three Quarters of 2023

Qinghai Jinrui Mineral Development Co.,Ltd. (青海金瑞矿业发展股份有限公司) (600714.SH) reported a net profit of 10 million yuan in the first three quarters of 2023, down 82.9% year-on-year.

Meanwhile, the company posted 187.4 million yuan in revenue, down 38.8% year-on-year.

At the end of the reporting period, it had 804.3 million yuan in total assets and 67.8 million yuan in total liabilities, with a liability-to-asset ratio of 8.4%.