Huaibei Mining Holdings Co.,Ltd.’s Net Profit Rose 32% in First Three Quarters 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 5.5 billion yuan in the first three quarters of 2022, up 32% year-on-year.

Meanwhile, the company posted 57.3 billion yuan in revenue, up 17% year-on-year.

At the end of the reporting period, it had 79.9 billion yuan in total assets and 43.3 billion yuan in total liabilities, with a liability-to-asset ratio of 54.2%.