Xiamen Tungsten’s Net Profit Falls over 11% in First Three Quarters of 2023

In the first three quarters of 2023, Xiamen Tungsten achieved revenue of RMB 29.528 billion, down 20.01% year-on-year; net profit attributable to mother of RMB 1.161 billion, down 11.11% year-on-year; net profit of non-deductible net profit of RMB 1.064 billion, down 8.51% year-on-year; net cash flow from operating activities of RMB 1.939 billion; and basic earnings per share of RMB 0.8229, down 11.42% year-on-year At the end of the reporting period, total assets amounted to RMB 39.559 billion, a year-on-year decrease of 0.60%; attributable equity of RMB 10.722 billion, a year-on-year increase of 7.33%.

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