Fujian Mindong Electric Power Co.,Ltd.’s Net Profit Rose 47% in First Three Quarters of 2023

Fujian Mindong Electric Power Co.,Ltd. (福建闽东电力股份有限公司) (000993.SZ) reported a net profit of 319.8 million yuan in the first three quarters of 2023, up 47% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, up 193.9% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 935.7 million yuan in total liabilities, with a liability-to-asset ratio of 26.5%.