Shanxi Coking Coal Energy Group Co.,Ltd.’s Net Profit Dropped 10.7% in First Quarter of 2023

Shanxi Coking Coal Energy Group Co.,Ltd. (山西焦煤能源集团股份有限公司) (000983.SZ) reported a net profit of 3.1 billion yuan in the first quarter of 2023, down 10.7% year-on-year.

Meanwhile, the company posted 14.8 billion yuan in revenue, down 5.4% year-on-year.

At the end of the reporting period, it had 98.4 billion yuan in total assets and 51.9 billion yuan in total liabilities, with a liability-to-asset ratio of 52.7%.