Pingdingshan Tianan Coal Mining Co.,Ltd.’s Net Profit Dropped 34.5% in First Half of 2023

Pingdingshan Tianan Coal Mining Co.,Ltd. (平顶山天安煤业股份有限公司) (601666.SH) reported a net profit of 2.4 billion yuan in the first half of 2023, down 34.5% year-on-year.

Meanwhile, the company posted 16 billion yuan in revenue, down 17.7% year-on-year.

At the end of the reporting period, it had 77.5 billion yuan in total assets and 50.1 billion yuan in total liabilities, with a liability-to-asset ratio of 64.7%.