Shanxi Meijin Energy Co.,Ltd.’s Net Profit Dropped 28.1% in 2022

Shanxi Meijin Energy Co.,Ltd. (山西美锦能源股份有限公司) (000723.SZ) reported a net profit of 2.2 billion yuan in 2022, down 28.1% year-on-year.

Meanwhile, the company posted 24.6 billion yuan in revenue, up 15.2% year-on-year.

At the end of the reporting period, it had 36.6 billion yuan in total assets and 20.1 billion yuan in total liabilities, with a liability-to-asset ratio of 54.8%.