Guangdong Meiyan Jixiang Hydropower Co.,Ltd. Posted 34.4 Million Yuan Net Profit in First Half of 2022

Guangdong Meiyan Jixiang Hydropower Co.,Ltd. (广东梅雁吉祥水电股份有限公司) (600868.SH) reported a net profit of 34.4 million yuan in the first half of 2022, reversing a net loss of 9.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 200.1 million yuan in revenue, up 223.9% year-on-year.

At the end of the reporting period, it had 2.8 billion yuan in total assets and 341.2 million yuan in total liabilities, with a liability-to-asset ratio of 12.3%.