Beijing Haohua Energy Resource Co.,Ltd.’s Net Profit Rose 37.8% in First Quarter of 2023

Beijing Haohua Energy Resource Co.,Ltd. (北京昊华能源股份有限公司) (601101.SH) reported a net profit of 646.9 million yuan in the first quarter of 2023, up 37.8% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 28.6% year-on-year.

At the end of the reporting period, it had 30.3 billion yuan in total assets and 15.8 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.