Shaanxi Provincial Natural Gas Co.,Ltd.’s Net Profit Dropped 48.4% in First Three Quarters of 2023

Shaanxi Provincial Natural Gas Co.,Ltd. (陕西省天然气股份有限公司) (002267.SZ) reported a net profit of 319 million yuan in the first three quarters of 2023, down 48.4% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 22.2% year-on-year.

At the end of the reporting period, it had 12.5 billion yuan in total assets and 5.8 billion yuan in total liabilities, with a liability-to-asset ratio of 46.7%.