Shanghai Electric Power Co.,Ltd.’s Net Profit Rose 240.4% in First Half of 2023

Shanghai Electric Power Co.,Ltd. (上海电力股份有限公司) (600021.SH) reported a net profit of 1.9 billion yuan in the first half of 2023, up 240.4% year-on-year.

Meanwhile, the company posted 20.2 billion yuan in revenue, up 25.4% year-on-year.

At the end of the reporting period, it had 167.8 billion yuan in total assets and 118.4 billion yuan in total liabilities, with a liability-to-asset ratio of 70.6%.