Huadian Energy Company Limited’s Net Profit Dropped 52.1% in 2022

Huadian Energy Company Limited (华电能源股份有限公司) (600726.SH) reported a net profit of 393.3 million yuan in 2022, down 52.1% year-on-year.

Meanwhile, the company posted 18.9 billion yuan in revenue, down 0.2% year-on-year.

At the end of the reporting period, it had 33 billion yuan in total assets and 26.3 billion yuan in total liabilities, with a liability-to-asset ratio of 79.6%.