Sichuan Mingxing Electric Power Co.,Ltd.’s Net Profit Rose 25.3% in First Quarter of 2022

Sichuan Mingxing Electric Power Co.,Ltd. (四川明星电力股份有限公司) (600101.SH) reported a net profit of 42 million yuan in the first quarter of 2022, up 25.3% year-on-year.

Meanwhile, the company posted 557.7 million yuan in revenue, up 43.5% year-on-year.

At the end of the reporting period, it had 3.7 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 30.6%.