Xiamen Tungsten Xinneng’s Net Profit Falls More Than 50% in First Three Quarters of 2023

In the first three quarters of 2023, Xiamen Tungsten Xinneng realized revenue of 13.122 billion yuan, down 41.60% year-on-year; net profit attributable to mother of 412 million yuan, down 53.78% year-on-year; net profit of 368 million yuan from non-deductible net profit, down 52.66% year-on-year; net cash flow from operating activities of 1.499 billion yuan; basic EPS of 0.98 yuan, down 60.47% year-on-year; and reported At the end of the period, total assets amounted to RMB13.887 billion, a year-on-year decrease of 9.71%; attributable equity of RMB8.461 billion, a year-on-year increase of 3.20%.

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