Huadian Power International Corporation Limited’s Net Profit Dropped 72.5% in First Quarter of 2022

Huadian Power International Corporation Limited (华电国际电力股份有限公司) (600027.SH) reported a net profit of 491.8 million yuan in the first quarter of 2022, down 72.5% year-on-year.

Meanwhile, the company posted 28.8 billion yuan in revenue, down 4% year-on-year.

At the end of the reporting period, it had 213.9 billion yuan in total assets and 139.9 billion yuan in total liabilities, with a liability-to-asset ratio of 65.4%.