Jiangsu Xukuang Energy Co.,Ltd.’s Net Profit Dropped 22.9% in First Three Quarters of 2023

Jiangsu Xukuang Energy Co.,Ltd. (江苏徐矿能源股份有限公司) (600925.SH) reported a net profit of 2.1 billion yuan in the first three quarters of 2023, down 22.9% year-on-year.

Meanwhile, the company posted 8.6 billion yuan in revenue, down 22.1% year-on-year.

At the end of the reporting period, it had 35.9 billion yuan in total assets and 18.5 billion yuan in total liabilities, with a liability-to-asset ratio of 51.7%.