Guangdong No.2 Hydropower Engineering Company.,Ltd.’s Net Profit Rose 0.9% in First Three Quarters of 2022

Guangdong No.2 Hydropower Engineering Company.,Ltd. (广东水电二局股份有限公司) (002060.SZ) reported a net profit of 268.4 million yuan in the first three quarters of 2022, up 0.9% year-on-year.

Meanwhile, the company posted 9.4 billion yuan in revenue, down 5.1% year-on-year.

At the end of the reporting period, it had 34.9 billion yuan in total assets and 30.6 billion yuan in total liabilities, with a liability-to-asset ratio of 87.8%.