Shaanxi Coal Industry Company Limited’s Net Profit Rose 7.5% in First Quarter of 2023

Shaanxi Coal Industry Company Limited (陕西煤业股份有限公司) (601225.SH) reported a net profit of 11.2 billion yuan in the first quarter of 2023, up 7.5% year-on-year.

Meanwhile, the company posted 44.8 billion yuan in revenue, up 13.1% year-on-year.

At the end of the reporting period, it had 224.8 billion yuan in total assets and 74 billion yuan in total liabilities, with a liability-to-asset ratio of 32.9%.