China Coal Energy Company Limited’s Net Profit Rose 0.1% in First Quarter of 2023

China Coal Energy Company Limited (中国中煤能源股份有限公司) (601898.SH) reported a net profit of 9.4 billion yuan in the first quarter of 2023, up 0.1% year-on-year.

Meanwhile, the company posted 59.2 billion yuan in revenue, down 4.2% year-on-year.

At the end of the reporting period, it had 348.4 billion yuan in total assets and 174 billion yuan in total liabilities, with a liability-to-asset ratio of 49.9%.