Cgn Power Co.,Ltd.’s Net Profit Rose 22.5% in First Quarter of 2023

Cgn Power Co.,Ltd. (中国广核电力股份有限公司) (003816.SZ) reported a net profit of 5.2 billion yuan in the first quarter of 2023, up 22.5% year-on-year.

Meanwhile, the company posted 18.3 billion yuan in revenue, up 6.5% year-on-year.

At the end of the reporting period, it had 412.7 billion yuan in total assets and 251.8 billion yuan in total liabilities, with a liability-to-asset ratio of 61%.