Shanxi Lu'An Environmental Energy Development Co.,Ltd.’s Net Profit Dropped 13.1% in First Half of 2023

Shanxi Lu'An Environmental Energy Development Co.,Ltd. (山西潞安环保能源开发股份有限公司) (601699.SH) reported a net profit of 6 billion yuan in the first half of 2023, down 13.1% year-on-year.

Meanwhile, the company posted 21.9 billion yuan in revenue, down 22.6% year-on-year.

At the end of the reporting period, it had 86.1 billion yuan in total assets and 39.4 billion yuan in total liabilities, with a liability-to-asset ratio of 45.7%.