Shanghai Datun Energy Resources Co.,Ltd.’s Net Profit Dropped 36.3% in First Three Quarters of 2023

Shanghai Datun Energy Resources Co.,Ltd. (上海大屯能源股份有限公司) (600508.SH) reported a net profit of 1.4 billion yuan in the first three quarters of 2023, down 36.3% year-on-year.

Meanwhile, the company posted 8.5 billion yuan in revenue, down 14.6% year-on-year.

At the end of the reporting period, it had 19.9 billion yuan in total assets and 6.9 billion yuan in total liabilities, with a liability-to-asset ratio of 34.5%.