Chongqing Three Gorges Water Conservancy And Electric Power Co.,Ltd.’s Net Profit Dropped 94.8% in First Half of 2023

Chongqing Three Gorges Water Conservancy And Electric Power Co.,Ltd. (重庆三峡水利电力(集团)股份有限公司) (600116.SH) reported a net profit of 14.6 million yuan in the first half of 2023, down 94.8% year-on-year.

Meanwhile, the company posted 5.7 billion yuan in revenue, up 9.1% year-on-year.

At the end of the reporting period, it had 22.6 billion yuan in total assets and 11.6 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.