How Were GOLDEN MAGNETICS’ Operations in The First Half of 2023?

In the first half of 2023, Jinli Permanent Magnet realized operating revenue of 3,430.03 million yuan, an increase of 3.82% year-on-year; realized net profit attributable to shareholders of the listed company of 332.6 million yuan, a year-on-year decrease of 28.29%; realized net profit attributable to shareholders of the listed company of 287.7 million yuan net of non-recurring gains and losses, a year-on-year decrease of 37.65%. Among them, NdFeB magnets revenue of 2.959 billion yuan, an increase of 2.82% year-on-year, gross profit margin of 14.55%.

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