Home / Metal News / Gold and molybdenum shares: first-half net profit decreased by 53.56% compared with the same period last year

Gold and molybdenum shares: first-half net profit decreased by 53.56% compared with the same period last year

iconJul 31, 2020 15:38

SMM Network News: today, Gold Molybdenum shares released its semi-annual results KuaiBao. During the reporting period, the company realized operating income of 4.0600598 billion yuan, down 10.51% from the same period last year; realized total profit of 222.8589 million yuan, down 43.92% from the same period last year; and realized net profit of 126.5171 million yuan belonging to shareholders of listed companies, down 53.56% from the same period last year. The decline in the company's operating performance is mainly due to the decline in the price of molybdenum products compared with the same period last year.

The financial situation of the company is good, the structure of assets and liabilities is relatively stable, and the assets have strong liquidity and solvency. At the end of the reporting period, the company's total assets were 15.4296441 billion yuan, an increase of 0.90% over the beginning of the year; the owner's equity belonging to shareholders of listed companies was 13.2729227 billion yuan, an increase of 1.07% over the beginning of the year.

Main financial data and financial indicators (unit: 10,000 yuan)

The operating profit, the total profit, the net profit belonging to the shareholders of the listed company, the net profit belonging to the shareholders of the listed company after deducting non-recurrent profits and losses, and the year-on-year decline in basic earnings per share are mainly due to the decline in the prices of major molybdenum products at home and abroad during the reporting period.

"SMM online Q & A" has come to the market, price, information if you have any questions, feel free to ask!

Scan the QR code and join the SMM metal communication group.

Performance
precious metals
molybdenum

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All