Yankuang Energy Group Company Limited’s Net Profit Dropped 46.7% in First Three Quarters of 2023

Yankuang Energy Group Company Limited (兖矿能源集团股份有限公司) (600188.SH) reported a net profit of 20.9 billion yuan in the first three quarters of 2023, down 46.7% year-on-year.

Meanwhile, the company posted 135 billion yuan in revenue, down 20.2% year-on-year.

At the end of the reporting period, it had 337.9 billion yuan in total assets and 234.8 billion yuan in total liabilities, with a liability-to-asset ratio of 69.5%.