China Longyuan Power Group Corporation Limited’s Net Profit Dropped 5.4% in First Three Quarters 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 6.3 billion yuan in the first three quarters of 2022, down 5.4% year-on-year.

Meanwhile, the company posted 30.2 billion yuan in revenue, up 9.8% year-on-year.

At the end of the reporting period, it had 213.8 billion yuan in total assets and 132.4 billion yuan in total liabilities, with a liability-to-asset ratio of 61.9%.