China Three Gorges Renewables(Group) Co.,Ltd.’s Net Profit Rose 8.3% in First Quarter of 2023

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 2.8 billion yuan in the first quarter of 2023, up 8.3% year-on-year.

Meanwhile, the company posted 6.9 billion yuan in revenue, up 18.4% year-on-year.

At the end of the reporting period, it had 270.9 billion yuan in total assets and 179.9 billion yuan in total liabilities, with a liability-to-asset ratio of 66.4%.