Shanxi Lu'An Environmental Energy Development Co.,Ltd.’s Net Profit Rose 128% in 2022

Shanxi Lu'An Environmental Energy Development Co.,Ltd. (山西潞安环保能源开发股份有限公司) (601699.SH) reported a net profit of 15.6 billion yuan in 2022, up 128% year-on-year.

Meanwhile, the company posted 54.3 billion yuan in revenue, up 19.8% year-on-year.

At the end of the reporting period, it had 94.8 billion yuan in total assets and 45.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.1%.