Zhengzhou Coal Mining Machinery Group Company Limited’s Net Profit Rose 27% in 2022

Zhengzhou Coal Mining Machinery Group Company Limited (郑州煤矿机械集团股份有限公司) (601717.SH) reported a net profit of 2.6 billion yuan in 2022, up 27% year-on-year.

Meanwhile, the company posted 32 billion yuan in revenue, up 9.4% year-on-year.

At the end of the reporting period, it had 44.3 billion yuan in total assets and 25.7 billion yuan in total liabilities, with a liability-to-asset ratio of 57.9%.