Jinneng Holding Shanxi Electric Power Co.,Ltd. Posted 27 Million Yuan Net Profit in First Three Quarters of 2022

Jinneng Holding Shanxi Electric Power Co.,Ltd. (晋能控股山西电力股份有限公司) (000767.SZ) reported a net profit of 27 million yuan in the first three quarters of 2022, reversing a net loss of 64 million yuan for the same period in the previous year.

Meanwhile, the company posted 14.8 billion yuan in revenue, up 51.3% year-on-year.

At the end of the reporting period, it had 63.7 billion yuan in total assets and 52.1 billion yuan in total liabilities, with a liability-to-asset ratio of 81.8%.