Leshan Electric Power Co.,Ltd.’s Net Profit Dropped 18.6% in First Quarter of 2022

Leshan Electric Power Co.,Ltd. (乐山电力股份有限公司) (600644.SH) reported a net profit of 30.2 million yuan in the first quarter of 2022, down 18.6% year-on-year.

Meanwhile, the company posted 752.8 million yuan in revenue, up 23.2% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 52.2%.