Guangdong No.2 Hydropower Engineering Company.,Ltd.’s Net Profit Rose 12.6% in 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 412.3 million yuan in 2022, up 12.6% year-on-year.

Meanwhile, the company posted 16.9 billion yuan in revenue, up 17.7% year-on-year.

At the end of the reporting period, it had 40.4 billion yuan in total assets and 36.2 billion yuan in total liabilities, with a liability-to-asset ratio of 89.7%.