Chongqing Fuling Electric Power Industrial Co.,Ltd.’s Net Profit Dropped 36.1% in First Half of 2023

Chongqing Fuling Electric Power Industrial Co.,Ltd. (重庆涪陵电力实业股份有限公司) (600452.SH) reported a net profit of 258.7 million yuan in the first half of 2023, down 36.1% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, down 3.4% year-on-year.

At the end of the reporting period, it had 6.8 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 31%.