Guangdong Meiyan Jixiang Hydropower Co.,Ltd.’s Net Profit Rose 178% in 2022

Guangdong Meiyan Jixiang Hydropower Co.,Ltd. (广东梅雁吉祥水电股份有限公司) (600868.SH) reported a net profit of 75.6 million yuan in 2022, up 178% year-on-year.

Meanwhile, the company posted 497 million yuan in revenue, up 42.6% year-on-year.

At the end of the reporting period, it had 2.9 billion yuan in total assets and 406.3 million yuan in total liabilities, with a liability-to-asset ratio of 14%.