Shanxi Coking Co.,Ltd.’s Net Profit Dropped 32.1% in First Quarter of 2023

Shanxi Coking Co.,Ltd. (山西焦化股份有限公司) (600740.SH) reported a net profit of 760.4 million yuan in the first quarter of 2023, down 32.1% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, down 20.8% year-on-year.

At the end of the reporting period, it had 24.6 billion yuan in total assets and 9.1 billion yuan in total liabilities, with a liability-to-asset ratio of 37.2%.