Fujian Mindong Electric Power Co.,Ltd.’s Net Profit Rose 55.6% in 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 182.9 million yuan in 2022, up 55.6% year-on-year.

Meanwhile, the company posted 732.1 million yuan in revenue, up 25.6% year-on-year.

At the end of the reporting period, it had 4.4 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 48.9%.