Datang Huayin Electric Power Co.,Ltd. Posted 41.5 Million Yuan Net Profit in 2022

Datang Huayin Electric Power Co.,Ltd. (大唐华银电力股份有限公司) (600744.SH) reported a net profit of 41.5 million yuan in 2022, reversing a net loss of 2.3 billion yuan for the previous year.

Meanwhile, the company posted 9.7 billion yuan in revenue, up 1% year-on-year.

At the end of the reporting period, it had 21.5 billion yuan in total assets and 20 billion yuan in total liabilities, with a liability-to-asset ratio of 93%.