China Coal Energy Company Limited’s Net Profit Dropped 18.8% in First Three Quarters 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 21.8 billion yuan in the first three quarters of 2023, down 18.8% year-on-year.

Meanwhile, the company posted 156.2 billion yuan in revenue, down 10.9% year-on-year.

At the end of the reporting period, it had 345.7 billion yuan in total assets and 165.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.8%.