Shaanxi Coal Industry Company Limited’s Net Profit Dropped 35.4% in First Three Quarters of 2023

Shaanxi Coal Industry Company Limited (陕西煤业股份有限公司) (601225.SH) reported a net profit of 27.4 billion yuan in the first three quarters of 2023, down 35.4% year-on-year.

Meanwhile, the company posted 127.4 billion yuan in revenue, down 2.4% year-on-year.

At the end of the reporting period, it had 204.7 billion yuan in total assets and 78.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38.3%.