Apr 18, 2023 08:00 AM

Gd Power Development Co.,Ltd. Posted 6.9 Billion Yuan Net Profit in 2022

By Caixin Automation

Gd Power Development Co.,Ltd. (国电电力发展股份有限公司) (600795.SH) reported a net profit of 6.9 billion yuan in 2022, reversing a net loss of 3.3 billion yuan for the previous year.

Meanwhile, the company posted 192.7 billion yuan in revenue, up 14.4% year-on-year.

At the end of the reporting period, it had 412.9 billion yuan in total assets and 302.6 billion yuan in total liabilities, with a liability-to-asset ratio of 73.3%.

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