Zhengzhou Coal Mining Machinery Group Company Limited’s Net Profit Rose 30.3% in First Three Quarters of 2023

Zhengzhou Coal Mining Machinery Group Company Limited (郑州煤矿机械集团股份有限公司) (601717.SH) reported a net profit of 2.6 billion yuan in the first three quarters of 2023, up 30.3% year-on-year.

Meanwhile, the company posted 27.2 billion yuan in revenue, up 14.6% year-on-year.

At the end of the reporting period, it had 48.5 billion yuan in total assets and 27.5 billion yuan in total liabilities, with a liability-to-asset ratio of 56.7%.