Zhengzhou Coal Industry And Electric Power Co.,Ltd. Posted 317.5 Million Yuan Net Profit in 2022

Zhengzhou Coal Industry And Electric Power Co.,Ltd. (郑州煤电股份有限公司) (600121.SH) reported a net profit of 317.5 million yuan in 2022, reversing a net loss of 8 million yuan for the previous year.

Meanwhile, the company posted 4.4 billion yuan in revenue, up 37.7% year-on-year.

At the end of the reporting period, it had 13.9 billion yuan in total assets and 11.2 billion yuan in total liabilities, with a liability-to-asset ratio of 80.7%.