China Coal Xinji Energy Co.,Ltd.’s Net Profit Rose 3.5% in First Quarter of 2023

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 628.3 million yuan in the first quarter of 2023, up 3.5% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 0.6% year-on-year.

At the end of the reporting period, it had 34 billion yuan in total assets and 20.9 billion yuan in total liabilities, with a liability-to-asset ratio of 61.4%.