Zhengzhou Coal Mining Machinery Group Company Limited’s Net Profit Rose 18.1% in First Half of 2022

Zhengzhou Coal Mining Machinery Group Company Limited (郑州煤矿机械集团股份有限公司) (601717.SH) reported a net profit of 1.5 billion yuan in the first half of 2022, up 18.1% year-on-year.

Meanwhile, the company posted 15.5 billion yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 39.5 billion yuan in total assets and 23 billion yuan in total liabilities, with a liability-to-asset ratio of 58.1%.