China Longyuan Power Group Corporation Limited’s Net Profit Rose 10% in First Half of 2023

China Longyuan Power Group Corporation Limited (龙源电力集团股份有限公司) (001289.SZ) reported a net profit of 5.7 billion yuan in the first half of 2023, up 10% year-on-year.

Meanwhile, the company posted 19.9 billion yuan in revenue, down 8.4% year-on-year.

At the end of the reporting period, it had 233 billion yuan in total assets and 148.5 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.