Shenghe Resources Holding Co.,Ltd.’s Net Profit Dropped 86.9% in First Three Quarters of 2023

Shenghe Resources Holding Co.,Ltd. (盛和资源控股股份有限公司) (600392.SH) reported a net profit of 198.1 million yuan in the first three quarters of 2023, down 86.9% year-on-year.

Meanwhile, the company posted 13.1 billion yuan in revenue, up 1.8% year-on-year.

At the end of the reporting period, it had 14.5 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 34.2%.