China Coal Xinji Energy Co.,Ltd.’s Net Profit Dropped 1.6% in First Three Quarters of 2022

China Coal Xinji Energy Co.,Ltd. (中煤新集能源股份有限公司) (601918.SH) reported a net profit of 2 billion yuan in the first three quarters of 2022, down 1.6% year-on-year.

Meanwhile, the company posted 8.9 billion yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 31.5 billion yuan in total assets and 19.4 billion yuan in total liabilities, with a liability-to-asset ratio of 61.4%.