Zhongmin Energy Co.,Ltd.’s Net Profit Dropped 14.8% in First Three Quarters of 2023

Zhongmin Energy Co.,Ltd. (中闽能源股份有限公司) (600163.SH) reported a net profit of 414.7 million yuan in the first three quarters of 2023, down 14.8% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 6.1% year-on-year.

At the end of the reporting period, it had 11.2 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 45.2%.