China Coal Energy Company Limited’s Net Profit Dropped 15.2% in First Half of 2023

China Coal Energy Company Limited (中国中煤能源股份有限公司) (601898.SH) reported a net profit of 15.7 billion yuan in the first half of 2023, down 15.2% year-on-year.

Meanwhile, the company posted 109.4 billion yuan in revenue, down 7.4% year-on-year.

At the end of the reporting period, it had 347.4 billion yuan in total assets and 173.3 billion yuan in total liabilities, with a liability-to-asset ratio of 49.9%.