Zhengzhou Coal Industry And Electric Power Co.,Ltd.’s Net Profit Dropped 46.1% in First Half of 2023

Zhengzhou Coal Industry And Electric Power Co.,Ltd. (郑州煤电股份有限公司) (600121.SH) reported a net profit of 150.1 million yuan in the first half of 2023, down 46.1% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 2.4% year-on-year.

At the end of the reporting period, it had 13.9 billion yuan in total assets and 11 billion yuan in total liabilities, with a liability-to-asset ratio of 79.5%.