Jinneng Holding Shanxi Electric Power Co.,Ltd.’s Net Profit Dropped 16.9% in First Half of 2022

Jinneng Holding Shanxi Electric Power Co.,Ltd. (晋能控股山西电力股份有限公司) (000767.SZ) reported a net profit of 3 million yuan in the first half of 2022, down 16.9% year-on-year.

Meanwhile, the company posted 9.3 billion yuan in revenue, up 55.3% year-on-year.

At the end of the reporting period, it had 65.5 billion yuan in total assets and 53.9 billion yuan in total liabilities, with a liability-to-asset ratio of 82.2%.