Kailuan Energy Chemical Co.,Ltd.’s Net Profit Dropped 29.5% in 2022

Kailuan Energy Chemical Co.,Ltd. (开滦能源化工股份有限公司) (600997.SH) reported a net profit of 1.5 billion yuan in 2022, down 29.5% year-on-year.

Meanwhile, the company posted 26 billion yuan in revenue, up 12.3% year-on-year.

At the end of the reporting period, it had 29.1 billion yuan in total assets and 13.3 billion yuan in total liabilities, with a liability-to-asset ratio of 45.8%.