Apr 29, 2023 08:00 AM

Shenergy Company Limited’s Net Profit Rose 166.2% in First Quarter of 2023

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Shenergy Company Limited (申能股份有限公司) (600642.SH) reported a net profit of 749.1 million yuan in the first quarter of 2023, up 166.2% year-on-year.

Meanwhile, the company posted 7.3 billion yuan in revenue, down 4.6% year-on-year.

At the end of the reporting period, it had 91 billion yuan in total assets and 52.1 billion yuan in total liabilities, with a liability-to-asset ratio of 57.2%.

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