China Shenhua Energy Company Limited’s Net Profit Dropped 19.1% in First Half of 2023

China Shenhua Energy Company Limited (中国神华能源股份有限公司) (601088.SH) reported a net profit of 38.7 billion yuan in the first half of 2023, down 19.1% year-on-year.

Meanwhile, the company posted 169.4 billion yuan in revenue, up 2.3% year-on-year.

At the end of the reporting period, it had 662.8 billion yuan in total assets and 210.7 billion yuan in total liabilities, with a liability-to-asset ratio of 31.8%.