China Longyuan Power Group Corporation Limited’s Net Profit Dropped 14.9% in First Half of 2022

China Longyuan Power Group Corporation Limited (龙源电力集团股份有限公司) (001289.SZ) reported a net profit of 5.1 billion yuan in the first half of 2022, down 14.9% year-on-year.

Meanwhile, the company posted 21.7 billion yuan in revenue, up 11.7% year-on-year.

At the end of the reporting period, it had 216.4 billion yuan in total assets and 136.2 billion yuan in total liabilities, with a liability-to-asset ratio of 62.9%.