Datang International Power Generation Co.,Ltd. Posted 5 Million Yuan Net Profit in First Quarter of 2023

Datang International Power Generation Co.,Ltd. (大唐国际发电股份有限公司) (601991.SH) reported a net profit of 5 million yuan in the first quarter of 2023, reversing a net loss of 409 million yuan for the same period in the previous year.

Meanwhile, the company posted 28 billion yuan in revenue, down 5.9% year-on-year.

At the end of the reporting period, it had 304.1 billion yuan in total assets and 216.4 billion yuan in total liabilities, with a liability-to-asset ratio of 71.2%.