Fujian Mindong Electric Power Co.,Ltd.’s Net Profit Rose 118.7% in First Half of 2022

Fujian Mindong Electric Power Co.,Ltd. (福建闽东电力股份有限公司) (000993.SZ) reported a net profit of 142.7 million yuan in the first half of 2022, up 118.7% year-on-year.

Meanwhile, the company posted 351.5 million yuan in revenue, up 42.5% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 51.3%.