Shanxi Blue Flame Holding Company Limited’s Net Profit Rose 187% in First Quarter of 2022

Shanxi Blue Flame Holding Company Limited (山西蓝焰控股股份有限公司) (000968.SZ) reported a net profit of 259 million yuan in the first quarter of 2022, up 187% year-on-year.

Meanwhile, the company posted 519.4 million yuan in revenue, up 19.9% year-on-year.

At the end of the reporting period, it had 11.6 billion yuan in total assets and 6.6 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.