Tongling Nonferrous Metals Group Co.,Ltd.’s Net Profit Dropped 4.2% in First Three Quarters of 2023

Tongling Nonferrous Metals Group Co.,Ltd. (铜陵有色金属集团股份有限公司) (000630.SZ) reported a net profit of 3.3 billion yuan in the first three quarters of 2023, down 4.2% year-on-year.

Meanwhile, the company posted 102.6 billion yuan in revenue, up 15.7% year-on-year.

At the end of the reporting period, it had 80.8 billion yuan in total assets and 41 billion yuan in total liabilities, with a liability-to-asset ratio of 50.7%.