Ning Xia Yin Xing Energy Co.,Ltd.’s Net Profit Dropped 31.8% in First Half of 2022

Ning Xia Yin Xing Energy Co.,Ltd. (宁夏银星能源股份有限公司) (000862.SZ) reported a net profit of 75.4 million yuan in the first half of 2022, down 31.8% year-on-year.

Meanwhile, the company posted 555 million yuan in revenue, down 10.1% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 60.9%.