Ning Xia Yin Xing Energy Co.,Ltd.’s Net Profit Rose 40.9% in First Half of 2023

Ning Xia Yin Xing Energy Co.,Ltd. (宁夏银星能源股份有限公司) (000862.SZ) reported a net profit of 159.4 million yuan in the first half of 2023, up 40.9% year-on-year.

Meanwhile, the company posted 727.9 million yuan in revenue, up 13.2% year-on-year.

At the end of the reporting period, it had 9.3 billion yuan in total assets and 6.5 billion yuan in total liabilities, with a liability-to-asset ratio of 69.3%.