Beijing Haohua Energy Resource Co.,Ltd.’s Net Profit Rose 99.1% in First Quarter of 2022

Beijing Haohua Energy Resource Co.,Ltd. (北京昊华能源股份有限公司) (601101.SH) reported a net profit of 469.6 million yuan in the first quarter of 2022, up 99.1% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 27% year-on-year.

At the end of the reporting period, it had 26.4 billion yuan in total assets and 13.3 billion yuan in total liabilities, with a liability-to-asset ratio of 50.5%.