China Longyuan Power Group Corporation Limited’s Net Profit Dropped 27.6% in 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 6.1 billion yuan in 2022, down 27.6% year-on-year.

Meanwhile, the company posted 39.9 billion yuan in revenue, down 0.1% year-on-year.

At the end of the reporting period, it had 222.9 billion yuan in total assets and 142.8 billion yuan in total liabilities, with a liability-to-asset ratio of 64.1%.