Inner Mongolia Yuan Xing Energy Company Limited’s Net Profit Dropped 35.3% in First Half of 2023

Inner Mongolia Yuan Xing Energy Company Limited (内蒙古远兴能源股份有限公司) (000683.SZ) reported a net profit of 1.3 billion yuan in the first half of 2023, down 35.3% year-on-year.

Meanwhile, the company posted 5.4 billion yuan in revenue, down 8.5% year-on-year.

At the end of the reporting period, it had 32.6 billion yuan in total assets and 15.3 billion yuan in total liabilities, with a liability-to-asset ratio of 47%.