Shenyang Jinshan Energy Co.,Ltd. Posted 2.1 Billion Yuan Net Profit in First Three Quarters of 2023

Shenyang Jinshan Energy Co.,Ltd. (沈阳金山能源股份有限公司) (600396.SH) reported a net profit of 2.1 billion yuan in the first three quarters of 2023, reversing a net loss of 1.4 billion yuan for the same period in the previous year.

Meanwhile, the company posted 4.9 billion yuan in revenue, down 2.1% year-on-year.

At the end of the reporting period, it had 14.2 billion yuan in total assets and 13.3 billion yuan in total liabilities, with a liability-to-asset ratio of 93.7%.