Kailuan Energy Chemical Co.,Ltd.’s Net Profit Dropped 56.6% in First Three Quarters of 2023

Kailuan Energy Chemical Co.,Ltd. (开滦能源化工股份有限公司) (600997.SH) reported a net profit of 726.9 million yuan in the first three quarters of 2023, down 56.6% year-on-year.

Meanwhile, the company posted 17 billion yuan in revenue, down 13.2% year-on-year.

At the end of the reporting period, it had 29.8 billion yuan in total assets and 14.2 billion yuan in total liabilities, with a liability-to-asset ratio of 47.6%.