Shaanxi Coal Industry Company Limited’s Net Profit Rose 79.3% in First Quarter of 2022

Shaanxi Coal Industry Company Limited (陕西煤业股份有限公司) (601225.SH) reported a net profit of 9.9 billion yuan in the first quarter of 2022, up 79.3% year-on-year.

Meanwhile, the company posted 39.6 billion yuan in revenue, up 13.5% year-on-year.

At the end of the reporting period, it had 182 billion yuan in total assets and 60 billion yuan in total liabilities, with a liability-to-asset ratio of 33%.