Inner Mongolia Yuan Xing Energy Company Limited’s Net Profit Dropped 43.8% in 2022

Inner Mongolia Yuan Xing Energy Company Limited (内蒙古远兴能源股份有限公司) (000683.SZ) reported a net profit of 3.2 billion yuan in 2022, down 43.8% year-on-year.

Meanwhile, the company posted 11 billion yuan in revenue, down 9.5% year-on-year.

At the end of the reporting period, it had 29.9 billion yuan in total assets and 13.1 billion yuan in total liabilities, with a liability-to-asset ratio of 44%.