Zhengzhou Coal Mining Machinery Group Company Limited’s Net Profit Rose 19% in First Half of 2023

Zhengzhou Coal Mining Machinery Group Company Limited (郑州煤矿机械集团股份有限公司) (601717.SH) reported a net profit of 1.8 billion yuan in the first half of 2023, up 19% year-on-year.

Meanwhile, the company posted 18.2 billion yuan in revenue, up 17.3% year-on-year.

At the end of the reporting period, it had 47.7 billion yuan in total assets and 28.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.8%.