China Yangtze Power Co.,Ltd.’s Net Profit Dropped 22.4% in First Half of 2023

China Yangtze Power Co.,Ltd. (中国长江电力股份有限公司) (600900.SH) reported a net profit of 9.1 billion yuan in the first half of 2023, down 22.4% year-on-year.

Meanwhile, the company posted 31 billion yuan in revenue, down 1.5% year-on-year.

At the end of the reporting period, it had 577.1 billion yuan in total assets and 381 billion yuan in total liabilities, with a liability-to-asset ratio of 66%.