Guangdong No.2 Hydropower Engineering Company.,Ltd.’s Net Profit Dropped 9.6% in First Half of 2023

Guangdong No.2 Hydropower Engineering Company.,Ltd. (广东水电二局股份有限公司) (002060.SZ) reported a net profit of 623.1 million yuan in the first half of 2023, down 9.6% year-on-year.

Meanwhile, the company posted 33.5 billion yuan in revenue, up 0.2% year-on-year.

At the end of the reporting period, it had 114.4 billion yuan in total assets and 101.2 billion yuan in total liabilities, with a liability-to-asset ratio of 88.5%.