Shaanxi Coal Industry Company Limited’s Net Profit Dropped 43.2% in First Half of 2023

Shaanxi Coal Industry Company Limited (陕西煤业股份有限公司) (601225.SH) reported a net profit of 19.5 billion yuan in the first half of 2023, down 43.2% year-on-year.

Meanwhile, the company posted 90.7 billion yuan in revenue, up 8.1% year-on-year.

At the end of the reporting period, it had 229.9 billion yuan in total assets and 91.4 billion yuan in total liabilities, with a liability-to-asset ratio of 39.7%.