China Three Gorges Renewables(Group) Co.,Ltd.’s Net Profit Rose 20.5% in 2022

China Three Gorges Renewables(Group) Co.,Ltd. (中国三峡新能源(集团)股份有限公司) (600905.SH) reported a net profit of 8.4 billion yuan in 2022, up 20.5% year-on-year.

Meanwhile, the company posted 23.8 billion yuan in revenue, up 45% year-on-year.

At the end of the reporting period, it had 262.1 billion yuan in total assets and 174.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.