Fujian Mindong Electric Power Co.,Ltd.’s Net Profit Rose 71.2% in First Three Quarters 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 217.5 million yuan in the first three quarters of 2022, up 71.2% year-on-year.

Meanwhile, the company posted 474.7 million yuan in revenue, up 16.4% year-on-year.

At the end of the reporting period, it had 4.5 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 49.4%.