Sichuan Mingxing Electric Power Co.,Ltd.’s Net Profit Rose 29% in First Half of 2023

Sichuan Mingxing Electric Power Co.,Ltd. (四川明星电力股份有限公司) (600101.SH) reported a net profit of 101.6 million yuan in the first half of 2023, up 29% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 21.7% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 32.1%.