Guangxi Guiguan Electric Power Co.,Ltd.’s Net Profit Rose 107.5% in 2022

Guangxi Guiguan Electric Power Co.,Ltd. (广西桂冠电力股份有限公司) (600236.SH) reported a net profit of 3.6 billion yuan in 2022, up 107.5% year-on-year.

Meanwhile, the company posted 10.6 billion yuan in revenue, up 23.7% year-on-year.

At the end of the reporting period, it had 45.2 billion yuan in total assets and 23.3 billion yuan in total liabilities, with a liability-to-asset ratio of 51.4%.