Shanxi Coking Coal Energy Group Co.,Ltd.’s Net Profit Dropped 38.8% in First Three Quarters of 2023

Shanxi Coking Coal Energy Group Co.,Ltd. (山西焦煤能源集团股份有限公司) (000983.SZ) reported a net profit of 7 billion yuan in the first three quarters of 2023, down 38.8% year-on-year.

Meanwhile, the company posted 40.7 billion yuan in revenue, down 16% year-on-year.

At the end of the reporting period, it had 94.5 billion yuan in total assets and 46.9 billion yuan in total liabilities, with a liability-to-asset ratio of 49.7%.