Top Energy Company Ltd.Shanxi’s Net Profit Rose 9882.4% in First Three Quarters of 2022

Top Energy Company Ltd.Shanxi (山西通宝能源股份有限公司) (600780.SH) reported a net profit of 711.3 million yuan in the first three quarters of 2022, up 9882.4% year-on-year.

Meanwhile, the company posted 8.2 billion yuan in revenue, up 51% year-on-year.

At the end of the reporting period, it had 9.7 billion yuan in total assets and 3.2 billion yuan in total liabilities, with a liability-to-asset ratio of 33.4%.