Henan Shenhuo Coal&Power Co.,Ltd.’s Net Profit Dropped 42.5% in First Half of 2023

Henan Shenhuo Coal&Power Co.,Ltd. (河南神火煤电股份有限公司) (000933.SZ) reported a net profit of 3 billion yuan in the first half of 2023, down 42.5% year-on-year.

Meanwhile, the company posted 19.1 billion yuan in revenue, down 11.7% year-on-year.

At the end of the reporting period, it had 62.5 billion yuan in total assets and 40.4 billion yuan in total liabilities, with a liability-to-asset ratio of 64.7%.