Leshan Electric Power Co.,Ltd. Posted 10 Million Yuan Net Loss in First Quarter of 2023

Leshan Electric Power Co.,Ltd. (乐山电力股份有限公司) (600644.SH) reported a net loss of 10 million yuan in the first quarter of 2023, reversing a net profit of 30.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 761.3 million yuan in revenue, up 1.1% year-on-year.

At the end of the reporting period, it had 4.1 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.2%.