Zhengzhou Coal Mining Machinery Group Co.,Ltd.’s Net Profit Rose 17.6% in First Quarter of 2022

Zhengzhou Coal Mining Machinery Group Co.,Ltd. (郑州煤矿机械集团股份有限公司) (601717.SH) reported a net profit of 710.8 million yuan in the first quarter of 2022, up 17.6% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, up 5.4% year-on-year.

At the end of the reporting period, it had 37.1 billion yuan in total assets and 20.7 billion yuan in total liabilities, with a liability-to-asset ratio of 56%.