Huaibei Mining Holdings Co.,Ltd.’s Net Profit Rose 39.7% in First Half of 2022

Huaibei Mining Holdings Co.,Ltd. (淮北矿业控股股份有限公司) (600985.SH) reported a net profit of 3.8 billion yuan in the first half of 2022, up 39.7% year-on-year.

Meanwhile, the company posted 38.4 billion yuan in revenue, up 36.9% year-on-year.

At the end of the reporting period, it had 74.3 billion yuan in total assets and 39.9 billion yuan in total liabilities, with a liability-to-asset ratio of 53.7%.