How will Chinatungsten High-Tech Operations Be in The First Half of 2023?

Chinatungsten High-Tech realized revenue of 6.546 billion yuan in the first half of 2023, down 3.54% year-on-year; net profit attributable to the mother of 242 million yuan, up 4.95% year-on-year; basic earnings per share of 0.1732 yuan; at the end of the report period, the total assets of 12.744 billion yuan, up 9% year-on-year; attributable to the mother of the owners’ equity of 5.666 billion yuan, up 5.18% year-on-year. Among them, cutting tools and tools revenue of 1.436 billion yuan, down 12.38% year-on-year; other carbide revenue of 1.798 billion yuan, down 2.60% year-on-year.

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