Chn Energy Changyuan Electric Power Co.,Ltd.’s Net Profit Dropped 52.6% in First Quarter of 2022

Chn Energy Changyuan Electric Power Co.,Ltd. (国家能源集团长源电力股份有限公司) (000966.SZ) reported a net profit of 81.2 million yuan in the first quarter of 2022, down 52.6% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 19.9% year-on-year.

At the end of the reporting period, it had 22 billion yuan in total assets and 12.4 billion yuan in total liabilities, with a liability-to-asset ratio of 56.3%.