Shandong Nanshan Aluminium Co.,Ltd.’s Net Profit Dropped 23.8% in First Three Quarters of 2023

Shandong Nanshan Aluminium Co.,Ltd. (山东南山铝业股份有限公司) (600219.SH) reported a net profit of 2.4 billion yuan in the first three quarters of 2023, down 23.8% year-on-year.

Meanwhile, the company posted 21.7 billion yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 70.1 billion yuan in total assets and 17.6 billion yuan in total liabilities, with a liability-to-asset ratio of 25.1%.