Top Energy Company Ltd.Shanxi’s Net Profit Dropped 24.3% in First Three Quarters of 2023

Top Energy Company Ltd.Shanxi (山西通宝能源股份有限公司) (600780.SH) reported a net profit of 538.4 million yuan in the first three quarters of 2023, down 24.3% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, down 1.1% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 28.4%.