Jizhong Energy Resources Co.,Ltd.’s Net Profit Rose 142.2% in First Quarter of 2023

Jizhong Energy Resources Co.,Ltd. (冀中能源股份有限公司) (000937.SZ) reported a net profit of 2.9 billion yuan in the first quarter of 2023, up 142.2% year-on-year.

Meanwhile, the company posted 7.9 billion yuan in revenue, down 14.2% year-on-year.

At the end of the reporting period, it had 52.6 billion yuan in total assets and 25.3 billion yuan in total liabilities, with a liability-to-asset ratio of 48.2%.