Zhejiang Zheneng Electric Power Co.,Ltd.’s Net Profit Dropped 69.6% in First Three Quarters of 2021

Zhejiang Zheneng Electric Power Co.,Ltd. (浙江浙能电力股份有限公司) (600023.SH) reported a net profit of 1.7 billion yuan in the first three quarters of 2021, down 69.6% year-on-year.

Meanwhile, the company posted 50.4 billion yuan in revenue, up 36.6% year-on-year.

At the end of the reporting period, it had 115.4 billion yuan in total assets and 39.4 billion yuan in total liabilities, with a liability-to-asset ratio of 34.2%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

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