China Coal Energy Company Limited’s Net Profit Rose 30.2% in 2022

China Coal Energy Company Limited (中国中煤能源股份有限公司) (601898.SH) reported a net profit of 25.4 billion yuan in 2022, up 30.2% year-on-year.

Meanwhile, the company posted 220.6 billion yuan in revenue, down 8% year-on-year.

At the end of the reporting period, it had 340.1 billion yuan in total assets and 175.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.5%.