China Coal Xinji Energy Co.,Ltd.’s Net Profit Rose 13.5% in First Quarter of 2022

China Coal Xinji Energy Co.,Ltd. (中煤新集能源股份有限公司) (601918.SH) reported a net profit of 607.2 million yuan in the first quarter of 2022, up 13.5% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 4.5% year-on-year.

At the end of the reporting period, it had 31.8 billion yuan in total assets and 21 billion yuan in total liabilities, with a liability-to-asset ratio of 66%.