Fujian Mindong Electric Power Co.,Ltd.’s Net Profit Rose 71.1% in First Half of 2023

Fujian Mindong Electric Power Co.,Ltd. (福建闽东电力股份有限公司) (000993.SZ) reported a net profit of 243.3 million yuan in the first half of 2023, up 71.1% year-on-year.

Meanwhile, the company posted 1.1 billion yuan in revenue, up 226.8% year-on-year.

At the end of the reporting period, it had 3.6 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 30.2%.