Shanxi Meijin Energy Co.,Ltd.’s Net Profit Dropped 29.4% in First Three Quarters 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 1.8 billion yuan in the first three quarters of 2022, down 29.4% year-on-year.

Meanwhile, the company posted 18.7 billion yuan in revenue, up 18.6% year-on-year.

At the end of the reporting period, it had 35.3 billion yuan in total assets and 19.3 billion yuan in total liabilities, with a liability-to-asset ratio of 54.7%.