Elion Energy Company Limited’s Net Profit Dropped 92.6% in First Half of 2023

Elion Energy Company Limited (亿利洁能股份有限公司) (600277.SH) reported a net profit of 54.2 million yuan in the first half of 2023, down 92.6% year-on-year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 25% year-on-year.

At the end of the reporting period, it had 34.9 billion yuan in total assets and 15 billion yuan in total liabilities, with a liability-to-asset ratio of 42.8%.