Zhangyuan Tungsten achieved revenue of 1.724 billion yuan in the first half of 2023, up 2.87% year-on-year; net profit attributable to the mother of 86.442 million yuan, down 38.99% year-on-year; basic earnings per share of 0.07 yuan; at the end of the reporting period, total assets of 4.894 billion yuan, up 2.14% year-on-year; attributable to the mother of the owner’s equity of 1.981 billion yuan, down 1.04% year-on-year. During the reporting period, the company’s revenue rose year-on-year mainly due to a slight increase in the sales volume of tungsten deep-processing products, up 5.76% year-on-year.
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