China Three Gorges Renewables(Group) Co.,Ltd.’s Net Profit Dropped 11% in First Three Quarters of 2023

China Three Gorges Renewables(Group) Co.,Ltd. (中国三峡新能源(集团)股份有限公司) (600905.SH) reported a net profit of 6.2 billion yuan in the first three quarters of 2023, down 11% year-on-year.

Meanwhile, the company posted 19.3 billion yuan in revenue, up 10.8% year-on-year.

At the end of the reporting period, it had 284.5 billion yuan in total assets and 191.7 billion yuan in total liabilities, with a liability-to-asset ratio of 67.4%.