China Coal Energy Company Limited’s Net Profit Rose 79% in First Half of 2022

China Coal Energy Company Limited (中国中煤能源股份有限公司) (601898.SH) reported a net profit of 18.5 billion yuan in the first half of 2022, up 79% year-on-year.

Meanwhile, the company posted 118 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 333 billion yuan in total assets and 174 billion yuan in total liabilities, with a liability-to-asset ratio of 52.3%.