China Southern Power Grid Energy Efficiency&Clean Energy Co.,Ltd.’s Net Profit Dropped 5% in First Three Quarters of 2023

China Southern Power Grid Energy Efficiency&Clean Energy Co.,Ltd. (南方电网综合能源股份有限公司) (003035.SZ) reported a net profit of 398.7 million yuan in the first three quarters of 2023, down 5% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, up 3% year-on-year.

At the end of the reporting period, it had 17.8 billion yuan in total assets and 10.3 billion yuan in total liabilities, with a liability-to-asset ratio of 58.1%.