On Mar 28, the China National Coal Association released its annual report on China's coal industry for 2022. The report showed that the combined revenue of large coal enterprises was 4.02 trillion yuan, a 19.5% increase from the previous year, and their total profits were 1.02 trillion yuan, a 44.3% increase. Accounts receivable were 532.01 billion yuan, a 23.1% increase, and the asset indebtedness ratio was 60.7%.
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