Shanghai Huafon Aluminium Corporation’s Net Profit Rose 28.4% in First Three Quarters of 2023

Shanghai Huafon Aluminium Corporation (上海华峰铝业股份有限公司) (601702.SH) reported a net profit of 663.3 million yuan in the first three quarters of 2023, up 28.4% year-on-year.

Meanwhile, the company posted 6.7 billion yuan in revenue, up 5.8% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 2.6 billion yuan in total liabilities, with a liability-to-asset ratio of 37.7%.