In the first half of 2023, Luoyang Molybdenum achieved growth in the output of its major mineral products, and the comprehensive economies of scale gradually emerged. Among them, gold production amounted to 9,550 ounces, representing a year-on-year increase of 13.95%.
Luoyang Molybdenum expects to realize net profit of 633 million yuan to 773 million yuan in the first half of 2023, a decrease of 3.515 billion yuan to 3.375 billion yuan compared with 4.148 billion yuan in the same period of the previous year, a year-on-year decrease of 84.74% to 81.36%; and to realize net profit of 200 million yuan to 244 million yuan for the deduction of net profit, a decrease of 3.266 billion yuan to 3.222 billion yuan compared with 3.466 billion yuan in the same period of the previous year, a year-on-year decrease of 3.266 billion yuan. million to 3.222 billion yuan, a year-on-year decline of 94.23% to 92.96%.
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