Henan Shenhuo Coal&Power Co.,Ltd.’s Net Profit Dropped 24.6% in First Quarter of 2023

Henan Shenhuo Coal&Power Co.,Ltd. (河南神火煤电股份有限公司) (000933.SZ) reported a net profit of 1.7 billion yuan in the first quarter of 2023, down 24.6% year-on-year.

Meanwhile, the company posted 9.5 billion yuan in revenue, down 11.5% year-on-year.

At the end of the reporting period, it had 62.3 billion yuan in total assets and 39.4 billion yuan in total liabilities, with a liability-to-asset ratio of 63.2%.