China Shenhua Energy Company Limited’s Net Profit Rose 59.6% in First Quarter of 2022

China Shenhua Energy Company Limited (中国神华能源股份有限公司) (601088.SH) reported a net profit of 22.4 billion yuan in the first quarter of 2022, up 59.6% year-on-year.

Meanwhile, the company posted 83.9 billion yuan in revenue, up 24.1% year-on-year.

At the end of the reporting period, it had 628.4 billion yuan in total assets and 159.1 billion yuan in total liabilities, with a liability-to-asset ratio of 25.3%.