Shanxi Blue Flame Holding Company Limited’s Net Profit Rose 90.6% in 2022

Shanxi Blue Flame Holding Company Limited (山西蓝焰控股股份有限公司) (000968.SZ) reported a net profit of 549.1 million yuan in 2022, up 90.6% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 26.5% year-on-year.

At the end of the reporting period, it had 11.4 billion yuan in total assets and 6.2 billion yuan in total liabilities, with a liability-to-asset ratio of 54.4%.