Beijing Jingneng Power Co.,Ltd.’s Net Profit Dropped 41.6% in First Half of 2023

Beijing Jingneng Power Co.,Ltd. (北京京能电力股份有限公司) (600578.SH) reported a net profit of 368.6 million yuan in the first half of 2023, down 41.6% year-on-year.

Meanwhile, the company posted 15 billion yuan in revenue, up 6.7% year-on-year.

At the end of the reporting period, it had 86 billion yuan in total assets and 55.2 billion yuan in total liabilities, with a liability-to-asset ratio of 64.2%.