Chongqing Three Gorges Water Conservancy And Electric Power Co.,Ltd.’s Net Profit Dropped 46.2% in 2022

Chongqing Three Gorges Water Conservancy And Electric Power Co.,Ltd. (重庆三峡水利电力(集团)股份有限公司) (600116.SH) reported a net profit of 470 million yuan in 2022, down 46.2% year-on-year.

Meanwhile, the company posted 11.1 billion yuan in revenue, up 9% year-on-year.

At the end of the reporting period, it had 21.9 billion yuan in total assets and 10.6 billion yuan in total liabilities, with a liability-to-asset ratio of 48.3%.