Tibet Summit Resources Co.,Ltd.’s Net Profit Dropped 86.8% in First Three Quarters of 2023

Tibet Summit Resources Co.,Ltd. (西藏珠峰资源股份有限公司) (600338.SH) reported a net profit of 72.2 million yuan in the first three quarters of 2023, down 86.8% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 14.6% year-on-year.

At the end of the reporting period, it had 5.7 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 37.7%.