Shanxi Lu'An Environmental Energy Development Co.,Ltd.’s Net Profit Dropped 23.9% in First Three Quarters of 2023

Shanxi Lu'An Environmental Energy Development Co.,Ltd. (山西潞安环保能源开发股份有限公司) (601699.SH) reported a net profit of 8.2 billion yuan in the first three quarters of 2023, down 23.9% year-on-year.

Meanwhile, the company posted 33 billion yuan in revenue, down 17.4% year-on-year.

At the end of the reporting period, it had 88.5 billion yuan in total assets and 39.2 billion yuan in total liabilities, with a liability-to-asset ratio of 44.3%.