Henan Shenhuo Coal&Power Co.,Ltd.’s Net Profit Rose 212.1% in First Quarter of 2022

Henan Shenhuo Coal&Power Co.,Ltd. (河南神火煤电股份有限公司) (000933.SZ) reported a net profit of 2.2 billion yuan in the first quarter of 2022, up 212.1% year-on-year.

Meanwhile, the company posted 10.8 billion yuan in revenue, up 57.3% year-on-year.

At the end of the reporting period, it had 54.5 billion yuan in total assets and 38.4 billion yuan in total liabilities, with a liability-to-asset ratio of 70.5%.