Zhengzhou Coal Industry And Electric Power Co.,Ltd.’s Net Profit Dropped 95% in First Three Quarters of 2023

Zhengzhou Coal Industry And Electric Power Co.,Ltd. (郑州煤电股份有限公司) (600121.SH) reported a net profit of 11.3 million yuan in the first three quarters of 2023, down 95% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 13.4 billion yuan in total assets and 10.7 billion yuan in total liabilities, with a liability-to-asset ratio of 79.8%.