Qinghai Salt Lake Industry Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2023

Qinghai Salt Lake Industry Co.,Ltd reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 21,374.56 million compared to CNY 30,590.38 million a year ago. Revenue was CNY 21,578.5 million compared to CNY 30,739.48 million a year ago.

Net income was CNY 7,913.61 million compared to CNY 15,568.4 million a year ago. Basic earnings per share was CNY 1.4881 compared to CNY 2.9318 a year ago. Diluted earnings per share was CNY 1.4881 compared to CNY 2.9318 a year ago.

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Company Profile

Qinghai Salt Lake Potash Co., Ltd. specializes in the production and marketing of chemical fertilizers. Net sales break down by activity as follows: - sale of potassium chloride (73.2%); - sale of lithium carbonate (12.3%); - trading of chemical fertilizers (10.8%); - other (3.7%). China accounts for 99.9% of net sales.