Guizhou Qianyuan Power Co.,Ltd.’s Net Profit Dropped 88.9% in First Half of 2023

Guizhou Qianyuan Power Co.,Ltd. (贵州黔源电力股份有限公司) (002039.SZ) reported a net profit of 63.6 million yuan in the first half of 2023, down 88.9% year-on-year.

Meanwhile, the company posted 627.2 million yuan in revenue, down 57.8% year-on-year.

At the end of the reporting period, it had 16.3 billion yuan in total assets and 10.1 billion yuan in total liabilities, with a liability-to-asset ratio of 61.8%.