Inner Mongolia Yuan Xing Energy Company Limited’s Net Profit Rose 115.3% in First Quarter of 2022

Inner Mongolia Yuan Xing Energy Company Limited (内蒙古远兴能源股份有限公司) (000683.SZ) reported a net profit of 928 million yuan in the first quarter of 2022, up 115.3% year-on-year.

Meanwhile, the company posted 2.7 billion yuan in revenue, up 19.8% year-on-year.

At the end of the reporting period, it had 26.7 billion yuan in total assets and 8.7 billion yuan in total liabilities, with a liability-to-asset ratio of 32.4%.