China Longyuan Power Group Corporation Limited’s Net Profit Rose 11.4% in First Three Quarters 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 7 billion yuan in the first three quarters of 2023, up 11.4% year-on-year.

Meanwhile, the company posted 28.1 billion yuan in revenue, down 7% year-on-year.

At the end of the reporting period, it had 228.3 billion yuan in total assets and 145.2 billion yuan in total liabilities, with a liability-to-asset ratio of 63.6%.