China Southern Power Grid Energy Efficiency&Clean Energy Co.,Ltd.’s Net Profit Dropped 4.3% in First Half of 2023

China Southern Power Grid Energy Efficiency&Clean Energy Co.,Ltd. (南方电网综合能源股份有限公司) (003035.SZ) reported a net profit of 218.5 million yuan in the first half of 2023, down 4.3% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, down 0.4% year-on-year.

At the end of the reporting period, it had 16.9 billion yuan in total assets and 9.7 billion yuan in total liabilities, with a liability-to-asset ratio of 57.3%.