In the first half of 2023, Galaxy Magnet realized operating income of RMB 419,215,767.44, a decrease of 14.33% compared with the same period of the previous year; realized total profit of RMB 117,476,093.25, an increase of 12.34% compared with the same period of the previous year, and realized net profit attributable to shareholders of the listed company of RMB 103,316,700.03, an increase of 15.75% compared with the same period of the previous year. During the reporting period, the year-on-year decrease in operating income was mainly due to the year-on-year decrease in average selling price of products; the year-on-year increase in net profit attributable to shareholders of the listed company during the reporting period was mainly due to the fact that the decrease in unit cost of raw materials was greater than the decrease in average selling price of products, and the increase in gross profit margin of products.
More details of tungsten, molybdenum and rare earth news, please visit website: https://www.ctia.com.cn/en/
Please contact CHINATUNGSTEN for inquiry and order of tungsten and molybdenum product:
Email: sales@chinatungsten.com
Tel.: 86 592 5129595
