Shanxi Lu'An Environmental Energy Development Co.,Ltd.’s Net Profit Rose 65% in First Three Quarters of 2022

Shanxi Lu'An Environmental Energy Development Co.,Ltd. (山西潞安环保能源开发股份有限公司) (601699.SH) reported a net profit of 10.7 billion yuan in the first three quarters of 2022, up 65% year-on-year.

Meanwhile, the company posted 40 billion yuan in revenue, up 28.9% year-on-year.

At the end of the reporting period, it had 98.4 billion yuan in total assets and 54.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.1%.