Gd Power Development Co.,Ltd.’s Net Profit Rose 16.7% in First Half of 2023

Gd Power Development Co.,Ltd. (国电电力发展股份有限公司) (600795.SH) reported a net profit of 5.9 billion yuan in the first half of 2023, up 16.7% year-on-year.

Meanwhile, the company posted 88.4 billion yuan in revenue, down 3.1% year-on-year.

At the end of the reporting period, it had 433.5 billion yuan in total assets and 318.6 billion yuan in total liabilities, with a liability-to-asset ratio of 73.5%.