Shanxi Lu'An Environmental Energy Development Co.,Ltd.’s Net Profit Rose 90.9% in First Half of 2022

Shanxi Lu'An Environmental Energy Development Co.,Ltd. (山西潞安环保能源开发股份有限公司) (601699.SH) reported a net profit of 6.9 billion yuan in the first half of 2022, up 90.9% year-on-year.

Meanwhile, the company posted 28.3 billion yuan in revenue, up 58.7% year-on-year.

At the end of the reporting period, it had 94.4 billion yuan in total assets and 54.7 billion yuan in total liabilities, with a liability-to-asset ratio of 58%.