Jizhong Energy Resources Co.,Ltd.’s Net Profit Rose 263% in First Quarter of 2022

Jizhong Energy Resources Co.,Ltd. (冀中能源股份有限公司) (000937.SZ) reported a net profit of 1.2 billion yuan in the first quarter of 2022, up 263% year-on-year.

Meanwhile, the company posted 9.2 billion yuan in revenue, up 54.5% year-on-year.

At the end of the reporting period, it had 49.5 billion yuan in total assets and 23.8 billion yuan in total liabilities, with a liability-to-asset ratio of 48%.