Kailuan Energy Chemical Co.,Ltd.’s Net Profit Dropped 58.2% in First Half of 2023

Kailuan Energy Chemical Co.,Ltd. (开滦能源化工股份有限公司) (600997.SH) reported a net profit of 567.6 million yuan in the first half of 2023, down 58.2% year-on-year.

Meanwhile, the company posted 11.9 billion yuan in revenue, down 9.7% year-on-year.

At the end of the reporting period, it had 28.6 billion yuan in total assets and 13.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.9%.