Qinghai Salt Lake Industry Co.,Ltd.’s Net Profit Dropped 54.4% in First Three Quarters of 2023

Qinghai Salt Lake Industry Co.,Ltd. (青海盐湖工业股份有限公司) (000792.SZ) reported a net profit of 7 billion yuan in the first three quarters of 2023, down 54.4% year-on-year.

Meanwhile, the company posted 15.8 billion yuan in revenue, down 32.9% year-on-year.

At the end of the reporting period, it had 50.1 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 31.5%.