Chongqing Three Gorges Water Conservancy And Electric Power Co.,Ltd.’s Net Profit Dropped 46.8% in First Three Quarters of 2022

Chongqing Three Gorges Water Conservancy And Electric Power Co.,Ltd. (重庆三峡水利电力(集团)股份有限公司) (600116.SH) reported a net profit of 447.9 million yuan in the first three quarters of 2022, down 46.8% year-on-year.

Meanwhile, the company posted 8.3 billion yuan in revenue, up 15.6% year-on-year.

At the end of the reporting period, it had 22.4 billion yuan in total assets and 11 billion yuan in total liabilities, with a liability-to-asset ratio of 49.3%.