Shanxi Meijin Energy Co.,Ltd.’s Net Profit Dropped 5.6% in First Half of 2022

Shanxi Meijin Energy Co.,Ltd. (山西美锦能源股份有限公司) (000723.SZ) reported a net profit of 1.4 billion yuan in the first half of 2022, down 5.6% year-on-year.

Meanwhile, the company posted 13.4 billion yuan in revenue, up 50% year-on-year.

At the end of the reporting period, it had 33.2 billion yuan in total assets and 17.8 billion yuan in total liabilities, with a liability-to-asset ratio of 53.5%.