Huaibei Mining Holdings Co.,Ltd.’s Net Profit Rose 32.5% in 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 7.1 billion yuan in 2022, up 32.5% year-on-year.

Meanwhile, the company posted 69.1 billion yuan in revenue, up 5.6% year-on-year.

At the end of the reporting period, it had 84 billion yuan in total assets and 46 billion yuan in total liabilities, with a liability-to-asset ratio of 54.8%.