China Coal Xinji Energy Co.,Ltd.’s Net Profit Dropped 2.6% in First Half of 2022

China Coal Xinji Energy Co.,Ltd. (中煤新集能源股份有限公司) (601918.SH) reported a net profit of 1.2 billion yuan in the first half of 2022, down 2.6% year-on-year.

Meanwhile, the company posted 5.6 billion yuan in revenue, up 4.7% year-on-year.

At the end of the reporting period, it had 31 billion yuan in total assets and 19.5 billion yuan in total liabilities, with a liability-to-asset ratio of 62.9%.