Zhejiang Zheneng Electric Power Co.,Ltd. Posted 132 Million Yuan Net Loss in First Half of 2022

Zhejiang Zheneng Electric Power Co.,Ltd. (浙江浙能电力股份有限公司) (600023.SH) reported a net loss of 132 million yuan in the first half of 2022, reversing a net profit of 2.5 billion yuan for the same period in the previous year.

Meanwhile, the company posted 35.9 billion yuan in revenue, up 20.6% year-on-year.

At the end of the reporting period, it had 117.1 billion yuan in total assets and 46 billion yuan in total liabilities, with a liability-to-asset ratio of 39.3%.