Tianshan Aluminum Group Co.,Ltd.’s Net Profit Dropped 31.9% in First Three Quarters of 2023

Tianshan Aluminum Group Co.,Ltd. (天山铝业集团股份有限公司) (002532.SZ) reported a net profit of 1.6 billion yuan in the first three quarters of 2023, down 31.9% year-on-year.

Meanwhile, the company posted 22.3 billion yuan in revenue, down 9.6% year-on-year.

At the end of the reporting period, it had 56.9 billion yuan in total assets and 33.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.6%.