China Coal Xinji Energy Co.,Ltd.’s Net Profit Dropped 13.2% in 2022

China Coal Xinji Energy Co.,Ltd. (中煤新集能源股份有限公司) (601918.SH) reported a net profit of 2.3 billion yuan in 2022, down 13.2% year-on-year.

Meanwhile, the company posted 12 billion yuan in revenue, down 3.9% year-on-year.

At the end of the reporting period, it had 33.7 billion yuan in total assets and 21.3 billion yuan in total liabilities, with a liability-to-asset ratio of 63.2%.