Sichuan Xichang Electric Power Co.,Ltd. Posted 12.8 Million Yuan Net Profit in First Half of 2022

Sichuan Xichang Electric Power Co.,Ltd. (四川西昌电力股份有限公司) (600505.SH) reported a net profit of 12.8 million yuan in the first half of 2022, reversing a net loss of 915,638 yuan for the same period in the previous year.

Meanwhile, the company posted 565.9 million yuan in revenue, up 12.7% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 3 billion yuan in total liabilities, with a liability-to-asset ratio of 67.9%.