Chn Energy Changyuan Electric Power Co.,Ltd.’s Net Profit Rose 179% in First Quarter of 2023

Chn Energy Changyuan Electric Power Co.,Ltd. (国家能源集团长源电力股份有限公司) (000966.SZ) reported a net profit of 226.6 million yuan in the first quarter of 2023, up 179% year-on-year.

Meanwhile, the company posted 3.9 billion yuan in revenue, up 6.9% year-on-year.

At the end of the reporting period, it had 31.8 billion yuan in total assets and 21.7 billion yuan in total liabilities, with a liability-to-asset ratio of 68.2%.