Datang Huayin Electric Power Co.,Ltd. Posted 38.6 Million Yuan Net Profit in First Three Quarters of 2023

Datang Huayin Electric Power Co.,Ltd. (大唐华银电力股份有限公司) (600744.SH) reported a net profit of 38.6 million yuan in the first three quarters of 2023, reversing a net loss of 242.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 7.9 billion yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 22.3 billion yuan in total assets and 20.7 billion yuan in total liabilities, with a liability-to-asset ratio of 93%.